Oil Demand articles & resources on Made-in-China.com

NYMEX February Crude Settled $1.48 Lower at $93.96/Barrel Friday

Jan 7, 2014

NYMEX February crude settled $1.48 lower at $93.96/barrel Friday, as a large draw in stockpiles was overshadowed by a sharp drop off in product demand and rising distillate stocks. ICE February Brent settled 89 cents lower at $106.89/b. ...

Tags: stockpiles, crude, Mineral

China's Oil Demand in November Fell 2.1 % to an Average 9.9 Million Barrels a Day

Jan 7, 2014

China's oil demand in November fell 2.1 percent year-on-year to an average 9.9 million barrels a day, according to a report by Platts that was based on China's latest government data. It is the second time that China's oil demand declined ...

Tags: Oil Demand, Energy

China's Apparent Oil Demand in November Contracted 2.1% Year on Year to 40.88 Million Mt

Dec 29, 2013

China's apparent oil demand in November contracted 2.1% year on year to 40.88 million mt, or an average of 9.99 million b/d, according to Platts calculations Thursday based on final government data released Tuesday. This is the second ...

Tags: Oil Demand, Oil Product

State Biodiesel Research Aims to Find New Opportunities, Increase Soybean Oil Demand

Dec 27, 2013

State biodiesel research aims to find new opportunities, increase soybean oil demand As biodiesel production grows, so do soybean farmers' profits. Biodiesel helps drive demand for U.S. soybean oil, which is why many state soybean ...

Tags: Biodiesel, Energy, Agriculture, soybean oil

Oil Demand Will Continue to Increase Globally

Dec 23, 2013

Although oil demand will continue to increase globally, it will become the fuel with the slowest consumption growth because of structural changes in the energy sector, experts said. China will surpass the United States, becoming the ...

Tags: oil, energy

Westport Innovations Inc Announces High Pressure Technology Platform

Dec 13, 2013

Westport Innovations Inc, engineering the world's most advanced natural gas engines and vehicles, today unveiled its next generation of high pressure direct injection technology platform dubbed "Westport™ HPDI 2.0." This new ...

Tags: Westport Innovations

Overall Oil Demand Growth in China Is Expected to Average 267,000 B/D This Year

Dec 11, 2013

Oil demand growth in the US this year is likely to exceed that of China's for the first time since the 1990s, skewing overall global demand in favor of developed markets, investment bank Goldman Sachs said in a new report released Friday. ...

Tags: US, China, oil demand

China Is Expected to Overtake The United States to Become The World's Largest Oil Importer

Dec 3, 2013

China is expected to overtake the United States to become the world's largest oil importer in the 2020s as emerging economies, instead of developed ones, will claim most of the world's energy supplies, a report says. China will be the ...

Tags: Oil Importer, Oil, Metallurgy, Mineral, Energy

Cambodia Had Imported 1.31mn Tonnes of Petroleum in The First 10 Months of 2013

Nov 29, 2013

Cambodia had imported 1.31 million tonnes of petroleum in the first 10 months of 2013, a 2 percent decline compared with the 1.34 million tonnes over the same period last year, according to the data of the Ministry of Commerce on Tuesday. ...

Tags: Metallurgy, Mineral, Energy, Oil

Lloyds Register Energy - Drilling UK Is an Aberdeen-Based Market Leading Company

Nov 29, 2013

Aberdeen's Lord Lieutenant George Adam, acting on behalf of Her Majesty the Queen, presented ModuSpec Engineering UK Limited, now Lloyds Register Energy – Drilling with the Queen's Award for Enterprise in International Trade award ...

Tags: Metallurgy, Mineral, Energy

Any Person Who Cares Deeply for Themselves and Their Children Should Care About Peak Oil

Nov 19, 2013

You don't have to be a scientist, electro physicist, bio-engineer, eco-geologist , doomsday conspiracy theorist, or have a PHD in anything 'institutional' to understand one of the most absolute futures for humanity. In fact, any person who ...

Tags: peak, oil, future, consequence

The Global Oil Market Is Currently Well Supplied

Nov 19, 2013

The global oil market is currently well supplied but growing demand pressures and ongoing disruptions in some OPEC producing countries could soon reverse a recent spate of softer oil prices, the International Energy Agency said Thursday. ...

Tags: Oil Prices, oil market

Japan's Tokyo Electric Power Company Used Around 450,000 Kiloliters for Power Generation

Oct 31, 2013

Japan's Tokyo Electric Power Company used around 450,000 kiloliters, or 91,000 b/d, of crude and fuel oil for power generation in October, up 50% from the 300,000 kl it had planned to consume earlier, a source close to the matter said ...

Tags: Metallurgy, Mineral, Energy, fuel oil

U.S. Crude-Oil Futures Settled 1% Lower Friday

Oct 14, 2013

U.S. crude-oil futures settled 1% lower Friday after the International Energy Agency warned that the U.S. fiscal crisis could harm demand and said supplies are rising faster than previously thought. Light, sweet crude oil for November ...

Tags: crude-oil, global oil demand

China's Crude-Oil Output Has Grown by an Average of 2.2% Annually Since 2002

Oct 11, 2013

China's primary offshore oil company on Tuesday invited foreign companies to bid on an unprecedented number of deep-water blocks off Chinese shores as the country attempts to firm up domestic oil output, which has grown slowly over the past ...

Tags: Domestic Oil Output, Crude-Oil

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