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Opinion: Global Oil Supply More Fragile Than You Think

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Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.

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IEA says oil supplies may not keep up with demand

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In its latest annual World Energy Outlook , the International Energy Agency (IEA) warned that the current period of oil abundance may be fleeting, and in fact, without heroic levels of production increases, oil markets will grow dangerously tight in the coming years. And that should raise some alarm. million bpd by 2035.

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Navigant Research forecasts 58% growth in global biofuels consumption by 2022; biodiesel and drop-in fuels gain market share

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In a new report, ā€œ Biofuels for Transportation Market sā€, Navigant Research forecasts that global demand for biofuels in the road transportation sector will grow from representing almost 6% of the liquid fuels market in 2013 to roughly 8% by 2022. Navigant projects the global biodiesel market will grow from 6.9

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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% However, the collapse in global oil prices has eroded a significant portion of the natural gas cost advantage. million vehicles in 2015 to 3.9 million in 2025.

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Ricardo study suggests global oil demand may peak before 2020, falling to below 2010 levels by 2035

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Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. The world is nearing a paradigm shift in oil demand. Lindemer LLC.

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FCA, IVECO and Snam sign MoU for development of natural gas as an environmentally friendly vehicle fuel

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Italyā€™s natural gas value chain in the transport sector is globally recognized for its technological and environmental excellence, and Italy is also able to leverage Europeā€™s largest, most accessible gas pipeline network, stretching over more than 32,000 km (20,000 miles). This will result in a direct benefit of ā‚¬1.5 billion (US$1.7

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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

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Car fleet composition in the EU under the different scenarios. reduction in global oil consumption results in a drop in global oil prices of 1.2%. Most analyses of the economic assessments of energy efficiency measures normally use fixed oil prices when accounting for economic benefits.

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