Green Car Congress
AUGUST 12, 2015
With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. The Saudis have already sparked an oil price war with the Asian refiners downstream by offering close to 2.8 Is Saudi Arabia losing the oil price war? “It
Plugs and Cars
NOVEMBER 6, 2007
As the price per barrel goes beyond $97, one story in the NY Times reports : •Bombing in Afghanistan kills 64. Attack on pipeline in Yemen. Tags: petroleum oil price per barrel. Domestic oil inventory to fall. Severe weather forecast for North Sea. Oil platforms evacuated. Dollar weak.
Green Car Congress
JANUARY 13, 2012
million tons per year) has already been sold for 15 years under oil-linked price contracts, mostly directed to third-party consortiums of Taiwanese and Japanese buyers including INPEX. The group has interests in LNG projects in Indonesia, Nigeria, Norway, Oman, Qatar, the United Arab Emirates, Yemen, Angola, and Russia.
Green Car Congress
MAY 23, 2016
The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. OPEC is in a difficult situation.”.
Green Car Congress
AUGUST 13, 2015
In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. The Saudis obviously miscalculated the degree to which their shift would negatively impact oil prices.
Baua Electric
JANUARY 12, 2024
What’s happening is that Iran-backed Houthis have declared a blockade on the Bab al-Mandeb strait, near Yemen, in response to Israel’s attacks on Gaza – it’s a tiny chokehold to the Red Sea and a control point of all shipping between the Indian Ocean and the Mediterranean Sea via the Suez Canal.
Baua Electric
JANUARY 21, 2025
To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage , a free service that makes it easy for you to go solar. Electreks Take No. 1 polluter, China, was already far ahead of the No. 2 polluter, the US, in the transition to renewables.
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