Green Car Congress
MAY 23, 2016
The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran. OPEC interactions have become a direct altercation between Saudi Arabia and Iran, with the remaining members reduced to mere observers. OPEC is in a difficult situation.”.
Baua Electric
MAY 10, 2024
Its CTO, Gilles Mabire, is not surprised that Autonomous Driving is taking longer than expected in hitting the market, as the expectations may have also been built on comments made by industry leaders who may have been smitten by the hype. “On Then “who is the supplier that can survive in that environment?” More challenges?
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.
Green Car Congress
SEPTEMBER 2, 2015
The first quote modifies a GEICO commercial describing a free-range chicken (If you’re a free range chicken, you roam free, that’s what you do), the second, the famous John Maynard Keynes quote about markets (The market can stay irrational longer than you can stay solvent), the third, another famous Keynes quote (In the long run, we’re all dead).
Green Car Congress
NOVEMBER 6, 2015
That is a feature that is hard to overemphasize in today’s oil pricing environment. In other words, banks are allowing drillers to continue to borrow, which could delay the inevitable balancing needed in the market. It may just delay the adjustment for oil markets. “It That will keep the pressure on US shale.
Green Car Congress
AUGUST 13, 2015
In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. In other major export markets, demand is stagnant. is no longer a growth market for oil exporters.
Green Car Congress
SEPTEMBER 18, 2015
IEA ended its September Oil Monthly Report saying,“On the face of it, the Saudi-led OPEC strategy to defend market share regardless of price appears to be having the intended effect of driving out costly, “inefficient” production.”. Until market fundamentals of supply and demand come into balance, prices will remain low. Conclusions.
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