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.

Sections:  news   business   
Topics:  energy   oil   oil cartel   oil prices   opec   supply and demand   
RELATED ARTICLES
  • Keystone XL pipeline to be delayedKeystone XL pipeline to be delayed
    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
  • Nigeria tycoon 'plans $8bn refinery'
    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
ASK NEWS:
  • Oil's bull run hides a deep disconnect, crude traders warn - Yahoo! Finance
    Oil's bull run hides a deep disconnect, crude traders warn - Reuters UK
    05/6/2015 - 11:03 am | View Link
  • 4 Industrial Metal ETFs Leading the Space Rally - Yahoo! Finance
    ... rout and the adverse demand-supply ... ETF Rank #3 (Hold) with a High risk ... So, a slight rebound in oil prices may have caused aluminum ...
    05/5/2015 - 12:52 pm | View Link
  • PRECIOUS-Gold extends gains on sluggish U.S. data, safe-haven demand - Reuters
    PRECIOUS-Gold extends gains on sluggish U.S. data, safe-haven demand - Reuters India
    05/5/2015 - 12:43 pm | View Link
  • Oil slips after hitting 2015 high above $67 - Reuters Canada
    Crude hits 2015 high despite supply glut - Resource Investor
    05/4/2015 - 10:35 am | View Link
  • QSE on bullish path on strengthened oil prices, earnings - Gulf Times
    ... first quarter corporate earnings and strengthened oil prices, the Qatar ... Small and large cap stocks were high in demand as the 20-stock ...
    05/1/2015 - 1:57 pm | View Link
  • More
BING NEWS:
  • Oil prices rebound from steep dive
    SINGAPORE: Oil prices rebounded in Asia on Wednesday following steep losses ... making dollar-priced oil more expensive and denting demand. The dollar strengthened against the euro after a European Central Bank official said the bank would ramp up its ...
    05/19/2015 - 6:15 pm | View Link
  • Oil Prices Fall on Steady Production
    Output climbed as high as 600,000 b/d early in the month as production ... would be enough to start increasing production. "We’ll see some demand recovery because of lower prices over the long term, but demand is not going to grow as fast as supply ...
    05/19/2015 - 5:46 pm | View Link
  • Oil prices slip on dollar rally, ample supply | Reuters
    LONDON Brent crude oil fell below $66 a barrel on Tuesday as the ... Investors say U.S. crude prices could be supported by rising demand ahead of the Memorial Day weekend, May 23-25. More U.S. drivers will hit the roads this year than in the past decade ...
    05/19/2015 - 11:52 am | View Link
  • Lower For Longer: Why You Should Stand Aside On U.S. Oil Producers
    Based on the five-year averages, the pick-up in demand from the first ... And with US producers able to sink high-probability wells within a week, this shadow capacity should keep a lid on oil prices once the commodity settles into its trading range.
    05/19/2015 - 9:32 am | View Link
  • Buy These 3 High-Dividend Oil Stocks While They’re Still Cheap
    These 3 high-yield oil stocks have had more than 25 years ... significant earnings even during periods of low oil prices. The company's long-term growth potential is dependent upon rising energy demand. The growing middle class in developing economies ...
    05/19/2015 - 4:09 am | View Link
  • More
BING SEARCH:
  • Commodities
    Get the latest commodity trading prices for oil, gold, silver, copper and more on the U.S. commodities market and exchange at CNNMoney.
    05/22/2015 - 9:30 pm | View Website
  • As Oil Prices Fall, Airfares Still Stay High
    A ticket counter at Chicago O'Hare International Airport. Oil is down by half, but not fares. Tannen Maury/European Pressphoto Agency
    05/22/2015 - 3:32 pm | View Website
  • Oil & Gas Industry Solutions
    IHS delivers unrivaled information, analytics, expertise and strategic insights to the global oil and gas industry.
    05/22/2015 - 1:44 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.
    05/22/2015 - 6:28 am | 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 ...
    05/22/2015 - 3:43 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News