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. At the time, it worked because everyone was desperate. Kemp agrees.

Saudi Arabia 255

Saudi Arabia Oil Prices Russia Oil 255

Green Car Congress

AUGUST 25, 2015

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. As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense.

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

OCTOBER 6, 2015

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). They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects.

Russia 150

Russia Saudi Arabia Iran Iraq 150