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IEA trims expected growth in oil demand for 2012/2013 by 300K–400K barrels per day

Green Car Congress

Combined with still-slim OPEC spare capacity, and a series of geopolitical issues confronting several OPEC producers, not least Iran, this has kept crude prices strong through July and early-August. Global oil supply grew by 0.3 Baseline revisions for the FSU, China and Middle East lower absolute demand by 0.3 mb/d m-o-m to 90.7

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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

The reasons for the cozier relationship between the two giant powers are, of course, rooted in the Ukraine crisis and subsequent Western sanctions against Russia, combined with China’s need to secure long-term energy supplies. However, the Chinese have a problem in their plans for the yuan. Rise of the Yuan.

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Saudis Expand Price War Downstream

Green Car Congress

With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? On the other hand, it won’t be easy for Saudi Arabia—Chinese refiners are also producing more gasoline, for which demand is still strong. per barrel while that of Reliance was $8.70

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Automakers win extension on use of Chinese graphite in EV tax credits – ET Auto

Baua Electric

1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles. Automakers have since made changes to supply chains and won restored eligibility for many vehicles. New rules took effect on Jan. EV battery chain away from China.

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Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

However, America seems increasingly interested in distancing itself from the nation while Germany has grown more reliant on the Chinese market. During the corona years, the wealthier Chinese in particular made extraordinary savings," Kallenius said. The Corona period has shown how fragile the supply chains are. influence.&

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Russia supplied about 30 percent (146.6 The decision also has impacted natural gas export prices negatively, since, for Russia's long-term supply agreements, they wholly or partially are indexed to oil prices. They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects.

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How the Huawei Fight is Changing the Face of 5G

Cars That Think

But it may also signal a de-escalation of the pressure Washington has brought to bear on the Chinese company now that Huawei is on its heels. Huawei has long been regarded as a rogue player in the international telecoms market with deep ties to the Chinese Communist Party. Huawei is slow in fixing their vulnerabilities.

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