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oil consuming
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China May Be Largest Oil User Globally
Nov 15, 2014China may overtake the US as the largest oil consumer globally in the early 2030s as emerging countries will lead growth in oil consumption in the next decades, the International Energy Agency said in a report yesterday. Global oil demand ...
Tags: oil consumer, crude oil
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US Is The Locomotive of Global Growth for The First Time Since The Great Recession
Oct 27, 2014The world’s largest economy – the US is the locomotive of global growth for the first time since the great recession and in the process boosting exports around the world, says the Chief Economist at IHF. Nariman Behravesh ...
Tags: domestic demand, oil production
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Global Thirst for Oil Will Be Slightly Stronger Than Expected in The Last Quarter of 2012
Dec 28, 2012Global thirst for oil will be slightly stronger than expected in the last quarter of 2012 because of demand from China and despite a sharp cutback in Europe recently. The IEA forecast that the growth of demand next year is expected to be ...
Tags: IEA, oil, oil consuming, oil market
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Over 400 Iranian Companies Are Taking Part in Development of The South Pars Gas Field
Dec 13, 2012MNA reported that more than 400 Iranian companies are taking part in the development of the South Pars gas field through supplying equipment to related projects. Mr Ali Akbar Shabanpour MD of South Pars Gas Company said that the company ...
