Sentences with phrase «higher oil demand growth»

According to Mike Muller, Vice President of Crude Trading & Supply at Shell Trading, the soaring diesel fuel demand and the buying of crude oil to fill strategic reserves have been the key drivers of this year's higher oil demand growth.

Not exact matches

Should world GDP grow anywhere close to the IMF's medium term forecast in the high 3 percent range, oil demand growth will rise by closer to 2 million b / d than 1 million b / d by our reckoning.

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.

Demand destruction followed periods of high oil prices from 1979 - 1981 (Iran - Iraq War) and from 2007 - 2008 (demand growth from CDemand destruction followed periods of high oil prices from 1979 - 1981 (Iran - Iraq War) and from 2007 - 2008 (demand growth from Cdemand growth from China).

The recent surge in growth in North American non-conventional oil production, whether it's light oil from North Dakota or the heavy stuff that comes out of Alberta's oil sands, is made possible by high oil prices, which are in turn linked to world demand remaining robust.

If the flow of capital continues, then the production surplus and lower oil prices will also continue, assuming that OPEC is able to maintain higher production levels and that demand growth remains relatively low.

If economic growth is leading to an increase in the demand for oil and bidding up its price, then the higher price means things are going well.

Boosted by the bullish supply - demand reports, oil prices rallied on Monday, with Brent hitting a more than two - year high on strong oil demand growth and the threat to Kurdish oil exports over the referendum on independence.

China's addiction for growth (in building mega-cities, bridges, roads, etc...) helped push demand for commodities higher (like iron ore, steel, and oil).

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...

Expectations of sustained demand growth in emerging markets justified higher oil prices, which in turn supported the debt - financed buildout of additional energy resources.

While careers in the oil and gas industry appear to be booming, demand for environmental scientists, hydrologists, and mining and geological engineers isn't nearly as high, and in those fields, salary growth lags behind the national average for all professions.

Paired with continued growth in demand from places like the U.S. and China, that's a recipe for much higher oil prices.

Expectations of sustained demand growth in emerging markets justified higher oil prices, which in turn supported the debt - financed buildout of additional energy resources.

While we have no idea where oil prices will settle in the short run, it remains our view that oil prices can not stay down at today's depressed prices for too long, largely due to what we believe to be the relatively modest current level of excess capacity, our expectations of continued growth in demand over time, and the high marginal costs for finding and developing new sources of supply.

However, in the spirit of Chairman Smith's request, this report analyzes the Clean Power Plan in the context of the AEO2015 High Economic Growth and High Oil and Gas Resource cases as well as the Reference case in order to examine indicators of the proposed rule's impacts on energy markets under varying assumptions regarding economic growth, electricity demand, and fuel pGrowth and High Oil and Gas Resource cases as well as the Reference case in order to examine indicators of the proposed rule's impacts on energy markets under varying assumptions regarding economic growth, electricity demand, and fuel pgrowth, electricity demand, and fuel prices.

The IEA predicted in its draft report, due to be published next month, that demand would be damped, «reflecting the impact of much higher oil prices and slightly slower economic growth».

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As demand decreased in response to higher prices, growth in oil production ceased from 1973 to 1985.

«Electric vehicles (EVs) are in the fast lane as a result of government support and declining battery costs but it is far too early to write the obituary of oil, as growth for trucks, petrochemicals, shipping and aviation keep pushing demand higher.