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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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CAR: US light-duty vehicle sales to dip in 2019

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The Center for Automotive Research’s (CAR’s) updated automotive sales outlook forecasts US light-duty vehicle sales at 16.8 US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. million units for 2019. million units in 2021.

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Navigant forecasts global light duty electrified vehicle sales to exceed 6.0M in 2024; PEVs to account for roughly half

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In a new report, Electric Vehicle Market Forecasts , Navigant research projects that under its base scenario, global sales of light duty electrified vehicles (i.e., The growth of PEV market share will be aided in part by the number and variety of PEV offerings coming to the market over the next several years. million in 2024.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive. North America. from last year.

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Eni report: global oil reserves and oil production up in 2018 due to US

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The tight oil production phenomenon continued to increase the share of sweet light crudes, which rose above 20% worldwide. WTI, the US light crude, covers 60% of global growth. Asia Pacific’s oil dependence continues to grow, ranking first in terms of deficit. The growth is slightly under the five-year average of 1.7%

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EIA: world petroleum use sets record high in 2012 despite declines in North America and Europe

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In 2011 and 2012, higher oil prices and increased fuel efficiency of light-duty vehicles contributed to reduced US consumption. Part of this decline was related to a reduction in overall energy intensity and government policies that encourage energy efficiency.

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FCA, IVECO and Snam sign MoU for development of natural gas as an environmentally friendly vehicle fuel

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The MoU was signed in the presence of Italy’s Minister of Economic Development Carlo Calenda and Minister of Infrastructure and Transport Graziano Delrio, and is part of a wider set of initiatives to promote sustainable mobility. This will result in a direct benefit of €1.5 billion (US$1.7

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