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Energy D├ętente Current Issues    
Issue DateTitleSubjectsCAPTION
Sep 28 2017
The Middle Class 'Sweet Spot' for Vehicle Ownership
WORLD FLEET AS OIL DEMAND GUARANTOR
Fleet

Demand


World oil demand growth will turn out to be far superior to what many projections claim, based on trends in populations' ability to afford vehicle ownership examined herein. By 2030 there will be 1-billion more persons allowing the global vehicle fleet to burgeon more than 58%. Oil demand at 128-million barrels daily in 2030 will serve the needs of newly emerging middle classes.
Jun 29 2017
The Cutback: How Effective?
OPEC CLOUT, 2017 STYLE
Production/Supply/Demand




Combined with eleven collaborating nations per its November 2016 cutback accord, OPEC attempted to remove 1.7222-million barrels daily from world oil supply. But oil prices are captive to a rather narrow price band, due in great part to the boom in U.S. shale oil output and its quick rebound every time prices attempt to break free. Latest: U.S. shale oil's output growth is 79% of OPEC's output reduction.
 

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