Green Car Congress

JUNE 18, 2022

Non-OPEC+ is set to lead world supply growth through next year, adding 1.9 Assuming Libya rebounds from a steep drop, the bloc’s production could increase 2.6 Nevertheless, product markets are expected to remain tight, with a particular concern for diesel and kerosene supplies. OECD industry stocks also rose, by 42.5

Oil 210

Oil Global Libya Russia 210

Green Car Congress

AUGUST 25, 2015

CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. 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

JANUARY 13, 2017

percent in intraday trading on Monday, after a report at the end of last week showed another solid build in the US rig count, the tenth consecutive week that the oil industry added rigs back into the field. At the start of 2017, there are two major dynamics at play occurring at the same time, each pushing in opposite directions on the market.

Oil Prices 150

Oil Prices Oil Price Saudi Arabia 150

Green Car Congress

JUNE 23, 2016

If prices went too low the LTO operators couldn’t afford to drill, which would shrink supply and cause prices to rise. If they somehow collude to restrict supply to affect prices they will be prosecuted and perhaps sent to jail. If and when prices rose the US rig count would rise and ultimately cause prices to fall again.

Oil Prices 150

Oil Prices Oil Price Oil-Sands 150