Green Car Congress
MARCH 13, 2015
IEA raised its forecast of demand growth for all of 2015 by 75 kb/d to 1.0 expected US crude supply, raising the 2015 North American outlook. mb/d, as losses in Libya and Iraq offset higher supply from Saudi Arabia, Iran and Angola. mb/d for the first half of 2015, down from a sharp 2.2 year gains estimated at around 0.9
Green Car Congress
OCTOBER 26, 2017
The ‘Fragile Five’ petrostates—Iran, Iraq, Libya, Nigeria and Venezuela—continue to see supply disruption potential, with northern Iraq crude exports at risk due to an escalation of tensions between the (Kurdistan Regional Government), Baghdad and Turkey, while the United States has decertified the 2015 Iran nuclear deal,” U.S.
Green Car Congress
DECEMBER 23, 2016
million barrels per day in the second quarter of 2015, the industry did not break even. That all changed around the middle of 2015 when the most indebted and high-cost producers went out of business and consolidation began to take hold. Libya hopes to add another 300,000 bpd in output in 2017 after adding as much in 2016.
Cars That Think
FEBRUARY 4, 2022
It was after midnight in the Maltese search-and-rescue zone of the Mediterranean when a rubber boat originating from Libya carrying dozens of migrants encountered a hulking cargo ship from Madeira and a European military aircraft. But the post-2015 rules ballooned its budget. But neither the ship nor the aircraft came to the rescue.
Green Car Congress
JULY 11, 2016
million b/d, as production in Nigeria and Libya tentatively recovered along with steady increases for Saudi Arabia and Iran, according to an S&P Global Platts survey of OPEC and oil industry officials. Iran’s oil output rise has been swift since sanctions were lifted on January 16, increasing 740,000 b/d compared with December 2015.
Green Car Congress
JULY 28, 2018
China’s central bank has also taken the opportunity to loosen its grip over the yuan, which will save it from having to blow huge sums of reserves to keep the currency fixed, as it did during the summer of 2015. The oil supply outages in Venezuela, Libya and Iran could yet drive oil prices much higher. Of course, the U.S.
Green Car Congress
AUGUST 25, 2015
CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. Interestingly, also, the Saudis increased their share of OPEC average daily output in the first half of 2015 over 2014 average daily volume—and their share of average daily global output.
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