Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.

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Green Car Congress

DECEMBER 5, 2018

To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year’s December OPEC meeting. million barrels daily, including from Russia, to reverse the free fall of oil prices. Saudi Arabia is not an exception. Kemp agrees.

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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.

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Green Car Congress

NOVEMBER 20, 2016

One of the oil world’s longest and best kept secrets may finally be revealed. Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for decades. It is hard to overstate how valuable this information is, and how fiercely Saudi leadership protected it.

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Green Car Congress

JANUARY 5, 2019

Oil prices regained more ground on Wednesday, pushed higher after equity markets rebounded from an initial selloff at the start of 2019 trading. The price gains are not entirely convincing. equity markets shook off an earlier bout of pessimism. Still, the cuts could put a floor beneath oil prices. “A

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