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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

Venezuela, an OPEC member, has even proposed an emergency summit meeting. It cited price increases that the car manufactures were forced to take to cover the increased cost of foreign parts and systems used in domestic auto manufacturing. Volatility is equally pernicious. Sovereign Wealth and Foreign Currency Reserves.

Russia 150
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Are The Saudis About To Reveal The Best Kept Secret In Oil?

Green Car Congress

The IPO will be a monumental event, one that the Wall Street Journal says could offer Wall Street some of the largest fees in history. That is because of two reasons—the size of its reserves, and the ability to use latent spare capacity to quickly adjust supply, affording it an outsized influence on crude oil prices.

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How to Prevent Blackouts by Packetizing the Power Grid

Cars That Think

Bad things happen when demand outstrips supply. We learned that lesson too well at the start of the pandemic, when demand for toilet paper, disinfecting wipes, masks, and ventilators outstripped the available supply. Clearly, balancing the supply and demand of goods is critical for a stable, normal, functional society.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. Production of conventional crude oil—the largest single component of oil supply—remains at current levels before declining slightly to around 68 mb/d by 2035. —WEO 2011.

Oil 247
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Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

In addition, as part of a separate resolution, Glencore Ltd., both part of the multi-national commodity trading and mining firm headquartered in Switzerland, agreed to pay more than $1.1 both part of the multi-national commodity trading and mining firm headquartered in Switzerland, agreed to pay more than $1.1 The FCPA Case.