Green Car Congress
DECEMBER 5, 2018
It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 In spite of reservations expressed by Nigeria and Libya, if Saudi Arabia managed to convince everyone to cut amid the major tensions with Iran ahead of the U.S. Production is also at record highs, like Russia’s was ahead of the first cuts in 2016.
Green Car Congress
OCTOBER 6, 2015
per barrel prices in 2015 and 2016, oil export revenues will undershoot these pessimistic IMF projections, as crude prices are projected to stay below $60 through 2016 (EIA estimates for Brent are $54.07 in 2015 and 2016 respectively). in 2015 and 2016 respectively). billion respectively).
Green Car Congress
SEPTEMBER 2, 2015
Of this, the Saudi government will finance $239 billion, while private investors will finance $79 billion, as well as investments in refining (which it does not specify). According to an August 26 Bloomberg article , the Saudi government is seeking ways to reduce investment in 2016 “.as percent increase) and 2016 (3.5
Green Car Congress
OCTOBER 25, 2015
In fact, Jeffries sees the spring of 2016 as a more critical deadline for struggling drillers hoping to keep their credit lines open. “We Maintaining access to finance can come at a price. Bond markets have essentially been ruled out as a new source of finance for high-yield producers. That will keep the pressure on US shale.
Green Car Congress
AUGUST 25, 2015
For Iran, the only other OPEC country for which the IEA provides domestic demand data, the increase in exports, 0.7 In both the United States and Russia, each of which produces roughly as much as Saudi Arabia, output increased in 2015 rather than decreasing, and will continue to increase in 2016 in the U.S. percent in 2016.
Green Car Congress
NOVEMBER 6, 2015
In fact, Jeffries sees the spring of 2016 as a more critical deadline for struggling drillers hoping to keep their credit lines open. “We Maintaining access to finance can come at a price. Bond markets have essentially been ruled out as a new source of finance for high-yield producers. That will keep the pressure on US shale.
Green Car Congress
AUGUST 13, 2015
percent in 2016. for example, has ended fuel subsidies, thereby essentially, increasing its budget revenues, while Saudi Arabia recently floated a $4-billion domestic bond offering to help finance its budget. They are fighting a multi-front war with Iran directly (in Yemen) and indirectly (in Syria, Lebanon, and Iraq).
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