Oil Demand High As Prices Surge

Oil demand high as prices surge

New evidence of rising global oil consumption emerges as Opec members' failure to increase quotas sends prices up again.

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Topics:  energy   oil   oil cartel   oil prices   opec   supply and demand   
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    TransCanada Corp. says the long-delayed Keystone XL pipeline will be in service months later than expected and cost more than its current $5.3 billion price-tag as it continues to await U.S. government approval. TransCanada had been sticking to its late 2014 or early 2015 start-up target, but the regulatory process has dragged on. More
  • Drivers benefit as oil prices drop sharply
    A sharp decline in the price of oil this month is making gasoline cheaper at a time of year when it typically gets more expensive. It's a relief to motorists and business owners and a positive development for the economy. More
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    Africa's wealthiest man, Aliko Dangote, says he aims to invest up to $8bn in a major new oil refinery that would double Nigeria's current oil output. More
  • Exxon CEO's Compensation Rises to $40.2 Million
    Exxon Mobil said CEO Rex Tillerson's total compensation rose 15% last year to $40.2 million. More
  • Could cow manure be the future of green energy?
    The next time you drive past a farm and smell cow manure, here's something to think about while you're holding your nose. The stinky stuff could someday be an inexpensive source for fueling your car and powering your home... The process of turning the waste into natural gas by using what are called anaerobic digesters, has become much more efficient. More
  • Palm oil prices set for a "year of two halves", biodiesel demand ... - Yahoo! Finance
    ... prices to climb in first half, drop later in 2015 * Demand from biodiesel sector, Indian edible oil ... oil imports are seen at a record high ...
    03/4/2015 - 7:26 am | View Link
  • Dacheng Dentons Leadership, On Bridging Together The East And The ... - Forbes.com
    ... middle-to-high income countries might be signs of deeper structural issues. Nevertheless, soft oil prices ... The demand for globalization is ...
    03/2/2015 - 11:49 am | View Link
  • Oil falls on supply concerns; pick-up in China manufacturing helps - Yahoo! Finance
    UPDATE 1-Oil falls on supply concerns; pick-up in China ... - CNBC
    03/1/2015 - 11:26 am | View Link
  • Oil up sharply, posts first monthly gain since June - Yahoo! Finance
    Brent rises above $61, set for first monthly gain since June - Reuters UK
    02/27/2015 - 3:36 pm | View Link
  • Oil's drop chills Asia stocks, inflation data boosts dollar - Yahoo! Finance
    Japanese stocks at 15-year peak, dollar firm after data boost - Atlanta Journal And Constitution
    02/27/2015 - 7:17 am | View Link
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  • The global oil price drop may last for the next couple decades, Stanford economist says
    Crude oil prices fell from a high of $115 a barrel in June 2014 to a low of $45 in ... The primary reasons for continuing low prices include the slowing demand for oil in the industrialized world and ever-advancing technological change in the extraction ...
    03/30/2015 - 2:59 pm | View Link
  • Domestic demand drives slow growth
    HCM CITY (VNS) — Viet Nam's growth, though not stellar, is continuing, as latest high-frequency indicators ... deceleration in 2011, domestic demand has gradually improved, though it remains weak. The drop in oil prices will likely boost consumer ...
    03/30/2015 - 2:59 pm | View Link
  • Oil Prices Fall as Supplies Rise Further
    Oil prices have plunged 55% from their mid-June high as growing production ... as production continues to grow and demand from refineries remains weak owing to seasonal maintenance. “The market’s primary driver is the excess production that overhangs ...
    03/30/2015 - 2:29 pm | View Link
  • Innovation and efficiency drive U.S. oil supply and demand
    For the first time in three weeks, Brent oil prices rose to $59 while West Texas Intermediate ... Last week we learned that storage at Cushing, Oklahoma, reached 54.4 million barrels, a new high. Cushing is important to monitor because it’s the nation ...
    03/30/2015 - 10:04 am | View Link
  • Diageo: Will A Rebound In Oil Prices Cause A Hangover?
    According to them, demand will increase by at least a million barrels ... anticipates the declining oil prices to put high cost producers out of business, which will, in turn, curb supply to exert an upward pressure on prices. One way or another, there ...
    03/30/2015 - 6:12 am | View Link
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  • Commodities
    Get the latest commodity trading prices for oil, gold, silver, copper and more on the U.S. commodities market and exchange at CNNMoney.
    03/29/2015 - 7:35 pm | View Website
  • Peak oil
    The demand side of peak oil over time is concerned with the total quantity of oil that the global market would choose to consume at various possible market prices and ...
    03/29/2015 - 9:19 am | View Website
  • Petroleum
    "Crude oil" redirects here. For the 2008 film, see Crude Oil (film). For the fuel referred to outside of North America as "petrol", see Gasoline.
    03/28/2015 - 9:02 pm | View Website
  • Oil & Gas
    IHS delivers unrivaled information, analytics, expertise and strategic insights to the global oil and gas industry.
    03/28/2015 - 1:02 pm | View Website
  • Crude Oil Price, Oil, Energy, Petroleum, Oil Price, WTI ...
    Crude Oil Prices Charts. Latest News on Oil, Energy and Petroleum Prices. Articles, Analysis and Market Intelligence on the Oil, Gas, Petroleum and Energy Industry.
    03/23/2015 - 9:29 pm | View Website
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