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. An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. The most near-term supply risk comes from Iraq. bank Citi said.

Oil Prices 170

Oil Prices Oil Libya Iraq 170

Green Car Congress

JUNE 18, 2022

While higher prices and a weaker economic outlook are moderating consumption increases, a resurgent China will drive gains next year, with growth accelerating from 1.8 Non-OPEC+ is set to lead world supply growth through next year, adding 1.9 Assuming Libya rebounds from a steep drop, the bloc’s production could increase 2.6

Oil 210

Oil Global Libya Russia 210

Green Car Congress

JANUARY 13, 2017

Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in US shale production. The gains in the rig count come even as oil prices have held steady in the mid- to low-$50s per barrel. The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply.

Oil Prices 150

Oil Prices Oil Price Saudi Arabia 150