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:
  • High-Cost Projects to Struggle at $80-$85 Crude, Oil Search Says - Bloomberg
    High-Cost Projects to Struggle at $80-$85 Crude, Oil Search Says - BusinessWeek
    10/23/2014 - 3:58 pm | View Link
  • Shanghai Composite leads losses in Asia after China PMI - CNBC
    China Manufacturing Activity Ticks Higher - Atlanta Journal And Constitution
    10/23/2014 - 3:06 pm | View Link
  • Gold steadies above $1,240 as Asian equities slide - Yahoo! News
    PRECIOUS-Gold steadies above $1,240 as Asian equities slide - CNBC
    10/22/2014 - 2:38 pm | View Link
  • Research and Markets: Global FRP Tank Market 2013-2018: Trend, ... - Morningstar.com
    Growing demand for oil and gas ... market, especially in APAC region which is observing high demand for FRP ... FRP tank market are the higher ...
    10/22/2014 - 12:27 pm | View Link
  • Brent Prices May Be On The Rebound - Yahoo! Finance
    ... economy and boosted Brent prices. The world’s second-largest oil consumer's implied oil demand rose 6.2 ... Brent prices to be as high as ...
    10/22/2014 - 10:49 am | View Link
  • More
BING NEWS:
  • WTI Crude Oil Heading To New Lows On High Inventory
    Oil is extending its collapse into a bear market as producers including Saudi Arabia cut export prices to stimulate demand amid the highest U.S. output in almost 30 years. Production averaged 8.93 million barrels a day in the seven days ended Oct. 17 ...
    10/22/2014 - 10:19 pm | View Link
  • WTI oil futures trade near 2-year low on demand concerns
    Concerns over weakening global demand combined with indications that the Organization of the Petroleum Exporting Countries will not cut output to support oil markets have weighed on prices in recent weeks. OPEC oil output hit a two-year high of 31 million ...
    10/22/2014 - 9:11 pm | View Link
  • Crystal ball-gazing into what low oil prices foretell
    In the longer term, the bigger impact on demand would come from changes in behaviour, investment and (possibly) legislation. High and rising prices spurred substantial investment in fuel-efficient vehicles and other equipment as well as changes in ...
    10/22/2014 - 6:57 pm | View Link
  • Oil Prices Rise on China Demand Rise
    Oil prices rose midday on Tuesday amid stronger than expected data for China demand and a technical price recovery after ... after rising more than 1% or $1 earlier to an $86.48 session high. The US West Texas intermediate (WTI) crude traded 0.2% or ...
    10/22/2014 - 2:55 pm | View Link
  • Boeing: Oil Price Won’t Hurt Demand for Fuel-Efficiency
    He said oil prices would need to fall “a long way from where we are now” before “you begin to see even [an] incremental impact” on airlines’ demand for more fuel-efficient ... was spent discussing the still-high cost of building each 787 ...
    10/22/2014 - 1:06 pm | View Link
  • More
BING SEARCH:
  • This Week in Petroleum
    Petroleum & Other Liquids. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Natural Gas
    10/22/2014 - 5:53 am | View Website
  • Commodity Market,Prices | MCX,NCDEX,NMCE | Gold/Silver ...
    Commodity Online provides Latest News on commodities. Get live Commodity Prices, Market Data, Forecasts, Commodity Futures prices Recommendations & Spot Market Rates.
    10/22/2014 - 2:54 am | View Website
  • Price of petroleum
    The price of petroleum as quoted in news in North America generally refers to the WTI Cushing Crude Oil Spot Price West Texas Intermediate (WTI), also known as Texas ...
    10/21/2014 - 11:48 pm | View Website
  • Energy & Oil Prices: Natural Gas, Gasoline and Crude Oil ...
    Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.
    10/21/2014 - 11:19 pm | View Website
  • Definitions Country Codes geographic.org Courty Profiles ...
    Definitions, Cross-Reference List of Country Data Codes geographic.org Courty Profiles - Facts, Flags, Maps, Economy, Geography, Climate, Natural Resources, Current ...
    10/21/2014 - 8:49 pm | 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