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The War in Ukraine Disrupts Trade in Both Food and Fuel

Cars That Think

The Russian invasion of Ukraine has brought a stream of reports about the country’s energy exports. The EU bought about 85 percent of the natural gas that Russia shipped out (via pipelines from Western Siberia) and nearly 55 percent of the crude oil and refined oil products that Russia exported (via pipelines and tankers).

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on a downward path. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices.

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Navigant forecasts global natural gas fleet of 34.9M by 2020

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The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. Italy and Ukraine, the largest markets, are slowest growing (3% and 4% CAGR, respectively) due to their relative maturity. million by 2020.

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Green Hydrogen Cars: How They are Different?

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According to the International Energy Agency, global demand for hydrogen as a fuel has quadrupled since 1975, reaching 70 million tonnes per year in 2018. Furthermore, unlike coal and oil, it is a clean energy source that produces only water vapor and leaves no residue in the air. Hydrogen has a long history of working with industry.