Green Car Congress

OCTOBER 6, 2017

million units2 sold in 2016, as the company expands its product range, including in LCV and new electric vehicles and builds on success of its global access range. Growing market opportunities in Brazil, India, Iran. Key elements of the plan include: Worldwide profitable growth: 21 new vehicles including 3 add-ons.

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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 Kicking the can means that production may not fall as fast as expected, which will mean oil prices may not begin to stage a rally as quickly as some had hoped.

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Green Car Congress

SEPTEMBER 2, 2015

oil analyst cited in this article, who has tracked oil companies’ budgets for many years, estimates that Aramco and its Kuwaiti and UAE counterparts will increase their investment in oil exploration and production in 2015 by 4.5 According to an August 26 Bloomberg article , the Saudi government is seeking ways to reduce investment in 2016 “.as

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Green Car Congress

AUGUST 13, 2015

He argued that rapidly growing production outside OPEC made the existing status quo unviable, and that lower prices in the short term would increase prices in the longer term through reduced investment and ultimately benefit all OPEC members. percent in 2016. Saudi Arabia increased production by 6.8 percent in 2014 to 3.3

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Green Car Congress

MARCH 24, 2016

But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase. US oil production has steadily lost ground over the past two quarters, with production falling more than a half million barrels per day since hitting a peak at nearly 9.7

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Green Car Congress

SEPTEMBER 18, 2015

Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. EIA said that US production will fall by 1 million barrels per day over the next year and that, “expected crude oil production declines from May 2015 through mid-2016 are largely attributable to unattractive economic returns.”.

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Green Car Congress

NOVEMBER 6, 2015

For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. Production from an average shale well is a fraction of a deepwater well, for example, and output also suffers from dramatically steeper decline rates compared to offshore.

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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.

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