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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “

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Opinion: Is Russia Plotting To Bring Down OPEC?

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The land-based oil distribution network is smaller, but also important. The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. in 2015 and 2016 respectively). in 2015 and 2016 respectively). Natural gas data from Gazprom).

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