Green Car Congress

APRIL 10, 2015

With the huge reduction in its revenues and growing discomfort among its members such as Venezuela, Libya and Nigeria over its current production levels, is OPEC really getting weaker? Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC. Iraq’s Issues.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

JULY 28, 2015

The crude is so cheap it’s pretty much free for them, the margins are going to be massive. Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico. He has dealt with dealt with oil companies such as ONGC; Oil India limited IOCL, BPCL, HPCL and others. Source: [link].

Saudi Arabia 150

Saudi Arabia Price Oil India 150

Green Car Congress

NOVEMBER 13, 2011

Oil and the Transport Sector: Reconfirming the End of Cheap Oil. Oil companies will be forced to turn to more difficult and costly sources to replace lost capacity and meet rising demand. World transportation oil demand by mode in the New Policies Scenario. Click to enlarge. —WEO 2011.

Oil 247

Oil Transportation Cheap Fleet 247