Episode 130 - Libya increases output | China buying more EV's? | Russia mulls position on Opec+
b'Libya up to 800,000 bpd heading to 1.2 million bpd by 2021
New energy vehicles to make up 20% of China\'s new car sales by 2025
https://www.reuters.com/article/us-china-autos-electric/china-expects-sales-of-nev-to-make-up-20-of-total-new-sales-by-2025-idINKBN27I0W9
- mandate/quota system not a forecast
- Tesla is facing demand problem in China
- How will China stimulate demand?
- Exporting excess Model 3 Teslas made for China to Europe
Russia mulls position on Opec+
https://www.argusmedia.com/en/news/2155878-russia-mulls-position-on-opec
- Russia has overproduced by 50,000-100,000 bpd since the current OPEC+ deal went into place in May
- Will Russian oil companies agree not to increase production as is currently planned?
- New lockdowns in Europe indicate this is likely.
Pipeline attack halts exports from Iraq\'s Kurdish region
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/103020-pipeline-attack-halts-exports-from-iraqs-kurdish-region
- 450,000 bpd is exported from Kurdistan Region through Turkey. Apparently a pipeline suffered a \\u201cTerrorist attack\\u201d that has halted exports
Top Oil Trader Vitol Says Europe Lockdowns Mere \\u2018Speed Bump\\u2019
https://finance.yahoo.com/news/top-trader-vitol-says-europe-114830331.html
- we need to see mobility data for week 1 before we can say that these European lockdowns are just a speed bump.
Indian oil demand revival boosted by robust auto sales, IOC chairman says
https://www.hellenicshippingnews.com/indian-oil-demand-revival-boosted-by-robust-auto-sales-ioc-chairman-says/
- India has a lot of tax on gasoline so people buying cars means they are willing to pay high gasoline prices
- People are apparently buying cars.
Wyoming Is Using Dark Money To Help Keep Coal Plants In Other States Open
https://www.npr.org/2020/10/28/926625599/wyoming-is-using-dark-money-to-help-keep-coal-plants-in-other-states-open
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