Zero emission cars saw the biggest percentage growth last month – up 377.5% to 3.147 units.
Read More »Top Major Producers will Consider Fresh Cuts as Trade War Hits Prices
The oil market has become highly sensitive to the US-China trade war.
Read More »OPEC Struggles to Detain Oil Price Decline
OPEC+ is expected to reaffirm its commitment to rebalancing the market at its September 12 meeting.
Read More »Changing Supply Picture in LNG Market
Australia’s last project of the first wave of LNG capacity construction. Shell’s Prelude. started shipping gas in June this year.
Read More »OPEC`s Market Share Fall Down
OPEC and its allies have a deal to limit supply until March 2020.
Read More »Aramco still World’s most Profitable Company
The average selling price for Aramco’s crude fell to $66 bbl in the first half from $69 bbl a year earlier.
Read More »Iberdrola Awarded 149MW Solar Energy Contract in Portugal
The solar power plants will be built in two regions – the Algarve and the Tajo Valley.
Read More »Record High Market Share for Battery EVs in July
Demand for battery EVs shot up by a staggering 158%. with a total of 2.271 sold last month.
Read More »Oil Prices could Crash by $30 If China Buys Iranian Crude
Shipments of Iranian oil fell below 550.000 b d (barrels per day) in June from about 875.000 b d in May and about 2.5 million b d in June 2018.
Read More »Russia Competes with Saudi Arabia for Asia`s Oil Market Share
For Russia. the ongoing OPEC+ production cap deal allows it a lot more flexibility that it allows Saudi Arabia.
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