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Middle East Archive
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Sydney is about to close rail line amid high risk of Middle East oil crisis
Posted on September 27, 2024 | No CommentsT3 Bankstown line to close from Monday 26 Sep 2024 The closure of the T3 Bankstown line between Sydenham and Bankstown will begin from Monday 30 September to convert the […] -
OPEC12 peak 2016-2018
Posted on September 12, 2024 | No CommentsFig 1: OPEC12 crude production peaked 2015-2018 Crude oil in the EIA statistics includes condensate (C&C). The data are around 2.2 mb/d higher than the crude only published in OPEC’s […] -
ME oil supply situation as Gaza war brings world into unknown territory (part 2)
Posted on November 27, 2023 | No CommentsGuided-missile destroyer USS Mason (DDG-87) 26 Nov 23 “Following the detentions, Houthi forces fired two short-range ballistic missiles at Mason and the tanker, according to CENTCOM. At approximately 0141 on […] -
ME oil supply situation as Gaza war brings world into unknown territory (part 1)
Posted on October 25, 2023 | No CommentsME-oil-supplies-as-Gaza-war-The Hamas attack on Israel on 7 Oct 2023 was reminiscent of the 1973 Yom Kippur war which triggered the 1st oil crisis (see Appendix) after OPEC imposed an oil […] -
China increased oil imports in Covid stricken 2020 by a lucky 8.8%
Posted on August 29, 2021 | No CommentsChina is the only country which increased oil imports in 2020. This post is using data from the new BP Statistical Review released on 8 July 2021. Fig 1: Wuhan […] -
Peak oil in Asia Update June 2020 (part 4)
Posted on September 10, 2020 | No CommentsIn the previous posts we have shown that the peak oil problem in Asia is mainly a problem of skyrocketing consumption at an additional 1 mb/d (2.8%) each year. Whereas […] -
Australia’s oil consumption highly vulnerable to events in the Middle East
Posted on January 12, 2020 | No CommentsThe world came very close to an escalating war in the Middle East. BBC asked: Iran missile attack: Did Tehran intentionally avoid US casualties? 8/1/2020 Fig 1: Damage to the […] -
Uncertainties following the Abqaiq attack have shrunk the world’s safe oil reserves by around half (part 2)
Posted on October 24, 2019 | No CommentsIn part 1 we had a summary table comparing Rystad’s 1P (proven reserves), 2P (proven + probable reserves) and 2PC (2P reserves + mean contingent) for all countries outside the […]