Sentences with phrase «expects oil demand growth»

In the next 10 years, McKinsey expects oil demand growth to flatten due to growing fuel efficiencies and competitive technologies such as the electric car.

Not exact matches

Job creation is projected to slow down over the next few years due to technological advances in oil sands processing and a slower growth in international demand for oil products, but the growing demand for base metals is expected to buoy employment opportunities.

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.

Global oil demand has not yet risen to offset higher supply, but we expect sustained above - trend economic growth globally to support oil demand from here.

Despite the backdrop of political and economic uncertainty, OPEC said that it anticipated world oil demand growth in 2016 to increase by 1.23 million barrels a day (mb / d) after a marginal upward revision, mainly to reflect better - than - expected economic data for the first half of the year.

«Despite moderate global economic growth, recent data shows better - than - expected oil demand in some of the main consuming countries.

In the month to end - September, the International Energy Agency (IEA) and OPEC issued reports suggesting that the global commercial oil stocks have been diminishing, while oil demand growth is strong and expected to stay that way.

The expected strong demand growth, coupled with OPEC's production cuts, is making oil analysts and traders at the Singapore conference more bullish this year than at the same event last year, according to Bloomberg.

2014.12.12 Canada's economy to benefit from broader export demand in 2015: RBC Economics Canada's economy is expected to see higher export growth in 2015, despite the recent decline in oil prices, according to the latest Economic and Financial Market Outlook issued today by RBC Economics...

Then Q2 oil demand growth figures started coming in, and showed that demand growth was stronger than expected and would continue to be robust in the months to come.

As supply remains strong, demand growth is expected to weaken alongside a decline in the economy of China, the world's No. 2 oil consumer.

However, OPEC expects this relationship to flip this year before widening in 2016 so that world oil demand growth exceeds the change in non-OPEC supply.

With annual demand expected to more than double in the next two decades to the equivalent of six billion barrels of oil, the energy crunch threatens to knock India off its growth path.

IEA releases Oil Market Report for August Global oil demand growth expected to slow through 2016 11 August 2Oil Market Report for August Global oil demand growth expected to slow through 2016 11 August 2oil demand growth expected to slow through 2016 11 August 2016

Reliance on foreign oil imports increasingly puts the state's fuel supply at risk, not only because of security and reliability concerns, but also because the marine ports are not expanding to meet expected growth in demand.

The global economic slowdown, which has driven down the price of oil and negatively impacted the Canadian energy sector, is expected to have a ripple effect on the demand for office space in Calgary, resulting in flat to negative growth in the near future.