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Benchmark: Russia’s invasion of Ukraine risks raising costs for Europe’s auto industry

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Russia’s invasion of Ukraine threatens to increase costs for Europe’s vehicle industry, which is already struggling with record high lithium prices and a shortage of semiconductor chips, according to Benchmark Mineral Intelligence.

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The Next Oil Price Spike May Cripple The Industry

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Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources.

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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

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As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. With this kind of impending discrepancy between supply and demand, the industry needs to start looking for new sources of oil, and quickly. by Haley Zaremba for Oilprice.com.

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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “

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China's NEV industry currently immune to inflation, analysts say

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High oil prices are helping NEVs replace ICE vehicles, and the latter have more raw material costs including copper and aluminum. The post China's NEV industry currently immune to inflation, analysts say appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Oil Industry Faces Huge Worker Shortage

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Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies. The Wall Street Journal , using data from IHS, estimates that roughly 70 percent of the fracking equipment across the shale industry has been idled.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

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The latter is partly caused by “global warming constraints” and lower oil prices in general. British accountancy firm Moore Stephenson stated that lower prices were the main cause. At the same time, increased costs (North Sea decommissioning) and lower oil price expectations are doing the rest.

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