2018 Market Mexico Oil Prices 
Green Car Congress
MAY 18, 2017
shale in particular—is effectively capping the oil price gains from that agreement. Four months after the OPEC/NOPEC deal took effect, oil prices dropped to the levels preceding the agreement, amid concerns over still stubbornly high inventories and rising U.S. oil production,” the consultancy noted.
Green Car Congress
JULY 30, 2019
In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. Source: Eni World Oil Review 2019. 2018 recorded an overall growth in oil production of 2.5 The tight oil production phenomenon continued to increase the share of sweet light crudes, which rose above 20% worldwide.
Green Car Congress
AUGUST 24, 2018
The US Energy Information Administration (EIA) August Short-Term Energy Outlook (STEO) forecasts that US crude oil production will average 10.7 million barrels per day (b/d) in 2018 and 11.7 Source: US Energy Information Administration, Short-Term Energy Outlook, August 2018. million b/d in 2018 and 3.9 million b/d.
Green Car Congress
APRIL 18, 2020
Looking across the full year, IHS Markit is expecting a 21% decline over 2019 production volumes due to a combination of factors including COVID-19, but also the natural weakening in truck demand following unusually strong sales in 2018-19. This downturn in production reflects weaker demand throughout the region as well as in export markets.
Green Car Congress
JULY 4, 2009
Winterkorn noted that the industry is experiencing its worst crisis in decades, with a collapse in the global market of 18% in the first half of this year. Volkswagen is Europe’s largest automaker, and saw its global new vehicle market share increase to 11% during the first quarter of 2009. Although Volkswagen sales were down 5.1%
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