Market Oil Oil Prices Statistics 
Green Car Congress
JULY 12, 2021
bp released the 70 th annual edition of the bp Statistical Review of World Energy ; the data collected in this year’s edition includes energy data for 2020. The Review captures the significant impact the global pandemic had on energy markets and how it may shape future global energy trends. The oil price (Dated Brent) averaged $41.84/bbl
Green Car Congress
MAY 24, 2017
As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.
Green Car Congress
APRIL 29, 2022
China processed record amounts of crude oil in 2021 to meet rising domestic consumption of petroleum products, according to analysis by the US Energy Information Administration (EIA). According to China’s National Bureau of Statistics, China processed a record 14 million barrels per day (b/d) of crude oil in 2021, a 4.6%
Green Car Congress
JULY 30, 2019
Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. Source: Eni World Oil Review 2019. also rose in Brazil and Norway.
Green Car Congress
JUNE 13, 2012
Oil remains the world’s leading fuel, but its 33.1% Coal’s market share of 30.3% seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. World primary energy consumption grew by 2.5% Source: BP.
Green Car Congress
NOVEMBER 26, 2015
Crude oil just capped off a third straight week of declines, as WTI nears the $40 per barrel threshold. Goldman Sachs is once again raising the possibility of oil dipping into the $20s per barrel. Still, upstream E&P companies are also being substantially squeezed by another plunge in oil prices.
Green Car Congress
JUNE 24, 2015
Most, if not all, smaller market capitalization companies, public or private, are still free cash flow negative (operating cash flow less capital expenditure) and only a few of the larger ones are now, or will be, based on guidance. Expect the dollar to weaken considerably, breaching the 2015 lows thus supporting oil prices now and into 2016.
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