article thumbnail

The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

Green Car Congress

Amin Nasser’s aim is to go beyond global oil markets. These technical challenges will need an increased amount of investments, which will be hard to come by in today’s market. With increased demand for crude oil and petroleum products still shown in all international assessments, the market will need to react.

Oil 186
article thumbnail

The Saudi Dilemma: To Cut Or Not To Cut

Green Car Congress

To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year’s December OPEC meeting. This suggestion is not universally accepted. by Irina Slav for Oilprice.com. It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8

article thumbnail

Europe Expands Virtual Borders To Thwart Migrants

Cars That Think

It was after midnight in the Maltese search-and-rescue zone of the Mediterranean when a rubber boat originating from Libya carrying dozens of migrants encountered a hulking cargo ship from Madeira and a European military aircraft. Dan Fisher of the University of Glasgow, who has published on SIVE. Member States,” says geographer.

Europe 144