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Opinion: Everyone Is Guessing When It Comes To Oil Prices

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Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.

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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

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million by 2015 at a compound annual growth rate (CAGR) of 28% (2010-2015), according to the report. China alone will experience a CAGR of 76% to reach 554,114 unit sales of all electrified vehicles by 2015, and will represent 53% of total regional sales. billion in 2015. By 2015, Bae expects that a total of 2.6

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Survey finds LNG-fueled ship orders up 26% in six months

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High oil prices, impending emissions regulations and technical advancements are propelling the market faster than we expected. A key factor is International Maritime Organization Tier III emissions standards, which are slated to take effect in 2015-2016. What surprised us is the rate. —Tom Campbell, LNG-fuel analyst at Zeus.

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Saudis Expand Price War Downstream

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The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil.

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Navigant forecasts global road transportation energy consumption to increase 25% by 2035; 84% from conventional fuels

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Annual road transportation sector energy consumption by fuel type, world markets: 2015-2035. Markets for both vehicles and fuels have gradually begun to respond to these government programs, and alternative fuels are beginning to have an impact on global oil demand. Source: Navigant Research. Click to enlarge. Conventional fuels (e.g.,

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Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008

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Oil production from the Organization of the Petroleum Exporting Countries (OPEC) crude oil output surged 300,000 barrels per day (b/d) in June, close to an eight-year high of 32.73 Nigerian production hit 30-year lows in May as militancy continued in the country’s oil rich Niger Delta. The situation remains volatile.

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Chevrolet introduces 2016 Spark; new 1.4L engine with 16% more power and 40 mpg highway

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Engine efficiency is also enhanced through reduced friction, including low-friction piston rings, a low-friction camshaft drive and a low-friction oil pump. The 2016 Chevrolet Spark will be produced from globally sourced parts at GM’s Changwon, South Korea assembly facility. l/100 km) highway. l/100 km) highway.

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