Tag: Oil Demand

Oil market fundamentals could ease over the next five years, the International Energy Agency projected on Tuesday, revising down its demand forecasts through 2016 and revising up its supply projections after 2013.

The End of Cheap Oil

Investors expect oil prices to rally on demand from China.

EIA reported an increase of 1.3 million barrels of crude oil for the week ended October 7, pushing the price lower.

Crude oil for October delivery managed to end the week in the positive, however only rose a little in weekly terms despite having ranged...

The U.S. Energy Information Administration's short-term economic growth assumptions have been lowered substantially this month compared with August's Energy Outlook. The latest forecast assumes that...

Oil futures declined nearly 3% Friday, as the dollar strengthened. The dollar traded higher compared to major rivals by the end of the last...

OPEC oil ministers are set to hold a regular ministerial meeting in Vienna on June 8, to mull the market’s supply and demand and...

In the oil market, analysts agree that any signals about global recovery faltering will raise concerns about future oil demand. Oil prices slid from highs...

The Organization of Petroleum Exporting Countries raised on Monday its forecast for global oil demand for this year. OPEC said it now expects world oil...

The Energy Information Administration in the US said on Tuesday, world oil consumption rose 2.2 million barrels per day in 2010 to 86.6 million,...

Driven by global economic recovery, world oil demand is projected to grow 1.0 mb/d to 86.4 mb/d in 2011, according to OPEC Monthly...