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IEA: global map of oil refining and trade to be redrawn over next 5 years

Green Car Congress

OCTOBER 12, 2012

Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). The oil market is at a crossroads.

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Oil Oil-Sands Global Oil Prices 255
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Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

Green Car Congress

SEPTEMBER 18, 2015

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. OPEC and US crude oil production.

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Oil Oil-Sands Oil Prices 2015 150
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