Green Car Congress
JULY 30, 2019
The first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on crude oil quality and on refining industry. In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. WTI, the US light crude, covers 60% of global growth.
Green Car Congress
OCTOBER 26, 2017
Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. As of September, Venezuela only produced 1.89 bank Citi said.
Green Car Congress
APRIL 27, 2017
Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. With global demand expected to grow by 1.2
Green Car Congress
JUNE 6, 2019
Transportation constraints such as a lack of adequate pipeline capacity and the resulting sense of price insecurity in western Canada have weighed on new large scale incremental investments in the oil sands, said Kevin Birn, vice president, IHS Markit. —Kevin Birn.
Green Car Congress
JULY 28, 2015
The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? In case of Saudi Arabia, the price of crude oil would be extremely low.
Green Car Congress
FEBRUARY 3, 2015
IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. North America continues to be an impetus to global light vehicle demand levels. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015.
Green Car Congress
APRIL 10, 2015
Simply put, the world has too much oil at the moment which has resulted in the reduction of price levels from approximately $100 to $50 a barrel, and OPEC (as well as US shale producers) has a major role to play in this supply glut. Venezuela’s Woes. Nigeria is Africa''s largest oil producer and among the top 5 global exporters of LNG.
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