Green Car Congress
AUGUST 12, 2015
Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. million barrels of low sulfur diesel to the European and Asian markets.
Baua Electric
MARCH 14, 2024
State-owned oil marketing companies will cut the prices of petrol and diesel across the country by Rs 2 from March 15, 6 am, as per social media posts by the Ministry of Petroleum and Natural Gas and Minister Hardeep Singh Puri on X today. New prices would be effective from 15th March 2024, 06:00 AM,” the ministry said on X. “By
Green Car Congress
AUGUST 27, 2013
The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 The rapidly industrializing economies of China and India fueled much of Asia’s demand increase, growing 2.8 Year-on-year changes in petroleum consumption by region. million bbl/d.
Green Car Congress
NOVEMBER 4, 2019
in 2018, driven in large part by the People’s Republic of China, India and the United States, which were responsible for 70% of demand growth. In China and India, primary intensity improved by almost 3%, a slight drop on 2017 levels. Oil represented the largest share of final demand, at around 41%, but demand growth slowed to 1.5%
Green Car Congress
JULY 28, 2015
Jizan will come on top of Saudi Arabia’s two other 400,000 bpd refineries at Yasref and Yanbu, and will turn the country into a major global player in the downstream sector, expanding its campaign for market share beyond just crude oil. Is Saudi Arabia likely to win a potential price war against Asian producers of diesel?
Green Car Congress
DECEMBER 28, 2015
However, the collapse in global oil prices has eroded a significant portion of the natural gas cost advantage. Additional issues that could hinder growth prospects include ongoing political tensions in Eastern Europe that could affect supply and the prices of gas exports from Russia to Western Europe.
Green Car Congress
JUNE 20, 2018
dollar to go up, which is putting downward pressure on prices,” Phil Flynn, analyst at Price Futures Group in Chicago, told Reuters. There are plenty of factors influencing oil prices right now, and the OPEC+ decision expected in a few days will be the single most important driver in the near-term. But the U.S.
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