In discussions about energy transitions certainly under way, competition receives too little mention. Attention understandably focuses on the erosion of demand for gasoline and diesel as sales of electric vehicles (EVs) grow. But competition works in more than one direction. Source: News
Oil price dynamics
Rising unconventional oil production combined with the 2015 lifting of restrictions on US crude exports is changing the way light, sweet crude oil is traded and priced worldwide. Source: News