Remove 2016 Remove Financing Remove Iran Remove Supplies
article thumbnail

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Russia supplied about 30 percent (146.6 The decision also has impacted natural gas export prices negatively, since, for Russia's long-term supply agreements, they wholly or partially are indexed to oil prices. in 2015 and 2016 respectively). in 2015 and 2016 respectively). mmbbl/day) in 2013. Death by Energy.

Russia 150
article thumbnail

Day Of Reckoning For US Shale Will Have To Wait

Green Car Congress

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.

article thumbnail

Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

Green Car Congress

Then again, there is a question about whether or not shale can really be a major source of supply over the long-term. By the 2020s, the IEA says, the world will once again be dependent on traditional sources of supply—largely from the Middle East. Maintaining access to finance can come at a price.

Oil 150
article thumbnail

Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

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.