from the International Energy Agency, the world is headed towards a ludicrous surplus in oil supply that could see prices tumble and the industry's position falter — a forecast in no small part attributed to the growth in renewables,
With a continued drop in demand in the following year, the supply will overshoot that figure by about 8 million barrels per day — a disparity that hasn't been seen since the lockdowns at the height of the COVID-19 pandemic. On the opposite side of that equation, producers such as the US and OPEC+ members have only ramped up investments in oil, and their contributions are expected to drive production upwards with China and India, both hugely expanding economies with massive populations and a growing number of drivers, as the biggest customers.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Vermont is 1st state with law requiring oil companies pay for climate change damageVermont becomes the first state to enact a law making fossil fuel companies pay share of damage caused by climate change after catastrophic flooding.
स्रोत: latimes - 🏆 11. / 82 और पढो »
Vermont Becomes First State to Force Oil Companies to Pay for ‘Climate Change’Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
स्रोत: BreitbartNews - 🏆 610. / 51 और पढो »
Vt. becomes 1st state requiring oil companies to pay for damage from climate changeVermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the damage caused by climate change after the state suffered catastrophic summer flooding and damage from other extreme weather.
स्रोत: KXDF News 13 - 🏆 266. / 63 और पढो »
Vermont law is first requiring oil companies pay for damage from climate changeThe law was enacted after after the state suffered catastrophic summer flooding and damage from other extreme weather.
स्रोत: PennLive - 🏆 463. / 53 और पढो »
Vermont becomes 1st state to require oil companies to pay for climate change damagesThe state's Republican governor allowed the bill to become law without his signature. The move comes after the state suffered catastrophic summer flooding and damage from other extreme weather.
स्रोत: KPBSnews - 🏆 240. / 63 और पढो »