Venezuela’s Oil Exports Are Headed Toward Zero

GlobalData recently projected that Venezuela’s crude oil production would drop to one million barrels per day by the end of the year. At this rate of decline, the country may have no more oil for export by early 2019.

Has Norway Reached Peak Demand?

Fuel consumption in Norway declined in 2017 for the first time in several years. Have Norway’s electric vehicle policies finally resulted in peak oil demand there?