Remove Future Remove Kuwait Remove Market
article thumbnail

Polestar hits 2021 sales target of 29,000 vehicles, up 185% y-o-y

Green Car Congress

Polestar increased its global presence from 10 to 19 markets in 2021, with growth in Europe and Asia Pacific. In the first half of 2022, Polestar plans to add Spain, Portugal and Ireland to its European market footprint, and enter the Middle East with presence in the UAE, Kuwait and Israel.

Kuwait 341
article thumbnail

Oil price tumbles after OPEC releases 2015 forecast

Green Car Congress

Futures for US crude also are down dramatically. Almost all the news flow points to a weaker market,” said one oil analyst , Carsten Fritsch of Commerzbank in Frankfurt. “We Abhishek Deshpande, an oil market analyst at Natixis, agreed. The exceptions, the news agency reports, are Kuwait and Qatar. And yet on Nov.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Consortium developing green hydrogen megaproject in Oman

Green Car Congress

An international consortium comprising OQ, which is the Sultanate of Oman’s global integrated energy company, InterContinental Energy, the leading dedicated green fuels developer, and EnerTech, a Kuwait government-backed clean energy investor and developer, is developing an integrated green fuels mega project in Oman. trillion market by.

Oman 218
article thumbnail

Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Source: [link].

article thumbnail

Oil Prices Running Out Of Reasons To Rally

Green Car Congress

At the start of 2017, there are two major dynamics at play occurring at the same time, each pushing in opposite directions on the market. The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. Iraq is committed to achieving producers’ joint goals to control the oil glut in world markets.”.

article thumbnail

Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. Market” forces include many components. percentage points.

article thumbnail

The Real Reason for USA based Economic Recessions.

DIY Electric Car

It took the Iraqi invasion of Kuwait and the oil price rising from $21/barrel in August 1990 to $46/barrel by the middle of October. The CPI stands for the Consumer Price Index which is a market basket of consumer products prices that are monitored over time. We hold the power to reduce future recessions in our own hands.

USA 180