Future Libya Light 
Green Car Congress
JULY 7, 2015
As well as Basrah Light, Iraq is now exporting the newly-introduced Basrah Heavy crude oil. In Libya, output slipped by 20,000 b/d to 410,000 b/d as it continued to struggle to raise production due to ongoing security issues and technical limitations.
Green Car Congress
JUNE 23, 2011
The IEA estimates that the unrest in Libya had removed 132 million barrels of light, sweet crude oil from the market by the end of May. The IEA Governing Board will within 30 days of this notice reassess the oil market, review the impact of their coordinated action and decide on possible future steps.
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Green Car Congress
JUNE 18, 2022
Assuming Libya rebounds from a steep drop, the bloc’s production could increase 2.6 Despite economic headwinds, steady demand for light sweet crude in a tight physical market is boosting marker grade prices as they are in the same crude quality family. Since 6 June, WTI and Brent futures have averaged above $120/bbl.
Green Car Congress
JULY 11, 2016
million b/d, as production in Nigeria and Libya tentatively recovered along with steady increases for Saudi Arabia and Iran, according to an S&P Global Platts survey of OPEC and oil industry officials. Analysts said these two decisions which were taken at the June meeting could lay the groundwork for future cooperation on bigger issues.
Green Car Congress
JUNE 23, 2016
The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. This modest uptick in the rig count once again caused concern and prognostication on the future of oil prices. by David Yager for Oilprice.com.
Green Car Congress
APRIL 10, 2015
However, OPEC has been in the line of fire from the western world in light of its stance of not reducing the production levels of its member nations (excluding Iran). He is author of “Oil—Past, present, future—An Indian Perspective”. Source: opec.org). Iran Nuclear Deal: A warning sign for OPEC? Source: [link].
Drive Electric NZ
AUGUST 9, 2022
ICEVs have been around for a while, and although they’ve had the time to perfect their manufacturing process and we’ve seen increased pressure on the importance of fuel economy and emissions, the thermal efficiency of the average light vehicle engine remains between 20-35%, and we’re not seeing much improvement beyond this. THE BOTTOM LINE.
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