Green Car Congress
JULY 30, 2019
In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. also rose in Brazil and Norway. Source: Eni World Oil Review 2019. 2018 recorded an overall growth in oil production of 2.5 Asia Pacific’s oil dependence continues to grow, ranking first in terms of deficit.
Green Car Congress
APRIL 15, 2017
This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. According to the IEA, supply could lag demand in a few years, which could lead to a surge in oil prices. “
Green Car Congress
JANUARY 6, 2022
However, by August both Asian and European spot LNG prices climbed well above their oil price equivalent and remained above it for the rest of the year. Prices ended December 2021 at $40/MMBtu—more than double the previous peaks achieved in the several years following Japan’s 2011 nuclear crisis. MMt set in 2014.
Green Car Congress
JUNE 20, 2018
dollar to go up, which is putting downward pressure on prices,” Phil Flynn, analyst at Price Futures Group in Chicago, told Reuters. There are plenty of factors influencing oil prices right now, and the OPEC+ decision expected in a few days will be the single most important driver in the near-term. But the U.S.
Green Car Congress
DECEMBER 16, 2013
This resulted in the significantly lower level of VMT growth after 2018 compared with AEO2013. T he Brent crude oil spot price declines from $112 per barrel (bbl) (in 2012 dollars) in 2012 to $92/bbl in 2017. AEO2014 sees total US primary energy consumption growing by just 12% between 2012 and 2040.
Green Car Congress
JULY 4, 2009
This performance, Winterkorn said, “ is no reason for euphoria ” but shows that the Volkswagen group—which comprises nine automotive brands—is staying on course, and shows that its strategy to 2018 is on the right track. The perspective of rising oil prices is a turboboost for a change in customer behavior, he said.
Expert insights. Personalized for you.
170 
Let's personalize your content