Sentences with phrase «as global oil demand»

Not exact matches

Internal studies by a group of analysts within Shell known as the «scenarios» team had concluded that global demand for oil might peak in as little as a decade — essentially tomorrow in an industry that plans in quarter - century increments.

Oil prices could spike as US shale growth falls short of global demand, Dallas Fed President Robert Kaplan says.

Meanwhile, global oil stockpiles in developed countries could actually fall below the five - year average — the level OPEC is targeting — as inventories approach normal levels, oil demand potentially outstrips Goldman's estimate and OPEC possibly cuts output too deeply.

The banks says the long - oversupplied oil market is tightening up more quickly than expected as global economic growth fuels demand and output cuts by OPEC, Russia and several other producers eat into the world's crude stockpiles.

CNBC's Jackie DeAngelis reports on the trading action in crude, as oil prices slide on global growth worries over demand.

Oil prices fell by another 24 % in the fourth quarter, as global supplies continued to outstrip demand, further eroding oil companies» upstream revenuOil prices fell by another 24 % in the fourth quarter, as global supplies continued to outstrip demand, further eroding oil companies» upstream revenuoil companies» upstream revenues.

Demand for jet fuel has increased over the last two years as the global economy has strengthened and airplane passenger traffic has risen, said Sandy Fielden, director of oil and products research at Morningstar Commodities in Austin, Texas.

A deal with China to potentially open their economy is very bullish for oil demand expectations as well as global economic growth.

Oil demand is robust and continues to grow even as global supplies have stagnated.

That lower baseline energy demand as well as marginal increases in supplies has led to lower global oil and gas prices and more competitive pressure on the uranium space.

However, in contrast to the reaction following the March output increase, the oil price did not fall sharply following this announcement, as the market judged the increase was again likely to be insufficient to exceed projected increases in global demand.

That would come as bad news to a global oil market that is already seeing suddenly weak demand.

Oil producers have also benefited from the global upswing, as stronger economic growth has spurred demand for energy.

As we saw ten years ago, there will be a reduction in the global demand for oil if prices get too high.

Strong demand for crude oil and the entire energy sector continues to push prices higher as I still think we will trade above the $ 70 level in the weeks ahead as global supplies have dwindled over the last year due to the fact that worldwide economies are improving which is a terrific thing to see in my opinion.

As we assess the energy sector outlook, we first recognize that global oil demand in 2015 was the highest in five years, 2 suggesting that the recent price collapse is mostly a supply issue.

Increased demand from consumers such as Saudi Arabia and Russia, buoyed by strong oil prices, coupled with exports to traditional trading partners such as Japan, is benefiting the Australian dairy sector, which has a 17 per cent share of global cheese exports.

Nonetheless, global oil demand is still expected to grow, overall, driven by China and other developing nations as the world economy recovers.

And as the global recession seems to ease, oil demand is racing upward.

«As global energy demand grows over this century, there is an urgent need to reduce our dependence on fossil fuels and imported oil and curtail greenhouse gas emissions,» said Secretary of Energy Steven Chu.

In essence, for one to believe that TRN is a diamond in the value rough, one would probably need to be bullish on oil as well as the sustainability of a global revival in the demand for materials.

oil will fall a little though in the coming months as people twig that demand will fall as the global economy slows.

A ban follows from the 1) accelerating impacts of global warming, 2) the accelerating depletion, due now to demand and soon depletion, of the petroleum resource, and 3) oil wars such as that in Iraq.

My sense is that they take green tech seriously as a global business sector and a way, internally, to limit coal and oil demand and dependence, but I don't perceive the Chinese taking low carbon seriously as an internal policy goal (if that means a carbon intensity trajectory more than a nudge below what will happen anyway for other reasons).

Internal studies by a group of analysts within Shell known as the «scenarios» team had concluded that global demand for oil might peak in as little as a decade — essentially tomorrow in an industry that plans in quarter - century increments.

Up until the mid-2020s demand growth remains robust in the New Policies Scenario, but slows markedly thereafter as greater efficiency and fuel switching bring down oil use for passenger vehicles (even though the global car fleet doubles from today to reach 2 billion by 2040).

An IEA collective action would be initiated in response to a significant global oil supply disruption and would involve IEA Member Countries making additional volumes of crude and / or product available to the global market (either through increasing supply or reducing demand), with each country's share based on national consumption as part of the IEA total oil consumption.

Looking ahead, it's likely that the cost of oil will again increase as the global economy recovers and demand from developing countries continues to grow.

ExxonMobil's board rejects the Paris Agreement as unrealistic, seeing no global political will to place strict, enforceable limits on emissions, and that worldwide oil demand will continue to rise.

I can't speak for oil and gas analysts, but I'd be surprised based on past experience in the industry if the risk of a 10 % or greater drop in global demand for oil or gas in the 2030s would have much of an effect on their price targets for companies — certainly not enough to qualify as a bubble.

It is the world's biggest importer of palm oil and global demand for the stuff is soaring, even before much is getting converted into biodiesel, as increasingly it will.

A quarter of global refining capacity could become unviable and be forced to close by 2035 as a swelling tide of climate regulations and rapid advances in clean technologies cut oil demand, finds a report launched today by Carbon Tracker highlighting sector risks for investors.

As world leaders struggle to find a solution to the violence in the world's newest nation, Global Witness calls on them to join in demanding that South Sudan's leaders call a halt to issuing any new oil deals and suspend any ongoing negotiations.

As Tropical forests across the world are in danger from the steadily increasing reach of the palm oil industry, which is projected to expand exponentially as global demand increaseAs Tropical forests across the world are in danger from the steadily increasing reach of the palm oil industry, which is projected to expand exponentially as global demand increaseas global demand increases.

The about - to - retire Executive Director of Greenpeace USA, Phil Radford, unabashedly points to Ross Gelbspan as «the lone voice, the moral compass, the beacon that has inspired countless people, me included, to demand our country and our future back from the coal and oil interests behind global warming» (full text here).

As we seek to increase production of oil and natural gas to meet growing global energy demand, we are committed to mitigating greenhouse gas emissions within our operations.

This could see the world's No 3 oil consumer cutting use further just as weak global demand and ample supply are already pushing the international Brent benchmark to multi-year lows.

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In fact, global demand for oil is expected to cross the 100 million bpd threshold within a few years, potentially surpassing coal as the largest source of CO2 emissions within a decade.

Yet the growth in oil demand from trucks has outpaced all other sectors — including passenger cars, aviation, industry and petrochemical feedstocks — since 2000 and contributed 40 % to global oil demand growth, a similar contribution as cars.

The increase in emissions of the all - important greenhouse gas came as global energy demand itself increased thanks to strong economic growth — and that demand was sated by all types of energy, including renewables but also oil, coal and natural gas.

Even oil companies see a future in renewables; as global demand for wind power grows, major oil companies are diversifying their portfolios to develop offshore wind.

As palm oil has become one of the most in - demand global commodities over the past several years, oil palm plantations have proliferated quickly throughout the tropics.

As global demand for products like wood, paper, beef and palm oil continues to rise, companies are encroaching ever deeper into the world's dwindling forests.

The price of oil has continued to drop since June as the global oil supply exceeds demand.

The Hays Oil & Gas Global Salary Guide shows that the gap between local and imported salaries in countries such as Singapore is narrowing as local talent demand increases.