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What Does The Next OPEC Meeting Have In Store?

Green Car Congress

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. OPEC is in a difficult situation.”.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

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. The Saudis obviously miscalculated the degree to which their shift would negatively impact oil prices.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

With the introduction of the Clean Car Discount in 2022, the skyrocketing prices of petrol and diesel across the country and the increasing number of electric vehicles available in New Zealand, we are seeing more EVs on our roads than ever before. EV MYTH ONE: Manufacturing EVs is just as bad for the environment as ICEVs.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

With the introduction of the Clean Car Discount in 2022, the skyrocketing prices of petrol and diesel across the country and the increasing number of electric vehicles available in New Zealand, we are seeing more EVs on our roads than ever before. EV MYTH ONE: Manufacturing EVs is just as bad for the environment as ICEVs.

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Israel carves playground as automobile era powerhouse

Baua Electric

Even if it has made ease with some, it nonetheless faces blackmails from Gaza, Lebanon, Syria and Iran. The price range got here into steadiness handiest then Barel’s daughter realized the group may get shoe disciplines with out buying footwear. Israel additionally advantages from get right of entry to to capital.