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Nissan to test African demand for its e-Power hybrid vehicle – ET Auto

Baua Electric

This year Nissan will export the South African built Navara pickup trucks to new markets of Algeria, Libya, Sudan, Tunisia and Egypt, Nissan Africa product Marketing Director Stefan Haasbroek said. Africa is the world’s last remaining automotive frontier due to the low level of vehicle ownership.

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The 5 Countries That Could Push Oil Prices Up

Green Car Congress

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. The threat of an outage will carry more weight as the oil market tightens. Iran probably won’t pose a supply risk to the market, at least not this year. The story here is similar to Libya.

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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

Green Car Congress

Amin Nasser’s aim is to go beyond global oil markets. These technical challenges will need an increased amount of investments, which will be hard to come by in today’s market. With increased demand for crude oil and petroleum products still shown in all international assessments, the market will need to react.

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US Shale Is Now Cash Flow Neutral

Green Car Congress

Even taking into account some cheating, WoodMac concludes that a 75 percent compliance rate with the promised cuts would get the markets to that price level. That has succeeded in running up prices this month, but it also sets up the market for downside risk. Link to original article: [link].

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Opinion: Who Will Be Left Standing At The End Of The Oil War?

Green Car Congress

It’s probably more concerned about regaining the market share it lost under sanctions than it is about low prices. In June, Iran will launch a new grade of heavy crude that will compete with Basra crude, and which the Iranians will surely seek to undercut in price in order to win Asian market share from Iraq and the Saudis.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 from a market for Russian crude and natural gas (via LNG) to a global competitor. percent of GDP in 2014.

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Oil Prices Running Out Of Reasons To Rally

Green Car Congress

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. The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. Iraq is committed to achieving producers’ joint goals to control the oil glut in world markets.”.