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. The threat of an outage will carry more weight as the oil market tightens. The most near-term supply risk comes from Iraq. by Nick Cunningham for Oilprice.com. bank Citi said. “The bank Citi said.

Oil Prices 170

Oil Prices Oil Libya Iran 170

Green Car Congress

JULY 16, 2017

Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil supplies is “ increasingly worrying ”, due to a loss of $1 trillion ($1,000 billion) in investments last year. Amin Nasser’s aim is to go beyond global oil markets.

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Oil Libya Nigeria Qatar 186

Green Car Congress

JANUARY 13, 2017

At the start of 2017, there are two major dynamics at play occurring at the same time, each pushing in opposite directions on the market. The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. The pace and magnitude of each trend will ultimately drive oil prices one way or the other.

Oil Prices 150

Oil Prices Oil Price Saudi Arabia 150