Cost, International, Market and Niger

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Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008

Green Car Congress

JULY 11, 2016

OPEC’s 300,000-barrel-per-day output rise in June, boosted by fragile recoveries in Libya and Nigeria, and the unrelenting rise in Iran and the increase in Saudi Arabia, sends a strong message over its unwavering market share strategy. The sharp increase in OPEC’s June production affirms a continuation of its market share strategy.

Saudi Arabia

Saudi Arabia 2008 Iran Niger

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

Green Car Congress

JULY 16, 2017

Between 2012 and 2016, Maersk had been working on field development, slated to have cost $1.5 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. billion, to sustain output at current levels.

Oil

Oil Libya Nigeria Qatar

EV Driven

Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008

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

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