Sentences with phrase «on global oil demand»

In the longer term, future oil prices will depend less on OPEC behaviour than on global oil demand.

Yet, those with the lack of vision failed to realize that power and now I think we have gone to a level of overconfidence in writing the epitaph on global oil demand.

Not exact matches

«Thus, the risks of potential «trade wars» and the potential negative impact on the global economy and on oil demand if these risks do materialise should constitute a serious concern for OPEC,» the authors argue.

On the demand side, oil at $ 80 could hurt global oil demand growth, which was the tailwind last year to help OPEC significantly reduce the oversupply.

In a closely - watched monthly report published by the International Energy Agency (IEA) on Tuesday, the Paris - based organization said a rise in global oil production — led by the U.S. — was on track to outpace growth in demand this year.

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

fell by 75 cents to $ 96.75 a tonne, while Brent crude slipped below $ 111 a barrel on Monday morning on concern that a fragile global economy could curb oil demand.

Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).

While the trade data had little impact on U.S. financial markets, concerns about weakening global demand pushed Brent crude oil prices to the lowest level in more than four years, dragging down U.S. stocks.

Geopolitical risk and the reality of surging U.S. and global oil demand sent oil on a tear to a three - week high.

Despite the moderate global growth levels, OPEC remained confident on oil demand growth and stuck to its prediction that oil markets are continuing to rebalance.

«Consider that cars on average are in operation for only about an hour each day, but they account for 45 % of global oil demand and, on average, 3,500 daily deaths worldwide.»

The stronger forecast is notable not just because it puts oil demand growth at its hottest in a long time, but also because the IEA essentially shrugged off any lingering effects from the storms in the U.S., concluding that the «impact on global markets is likely to be relatively short - lived.»

Healthy demand growth for fuel not only in emerging economies led by China and India, but also in Europe, is helping global inventories to draw down faster now, keeping the oil market on the right track towards rebalancing, according to industry executives who spoke at a conference on Tuesday.

Refiners could benefit too, if global oil demand surprises on the upside.

The sponsors withdrew the resolution after the company agreed to report on how much of its oil and gas reserves would become unsellable — or stranded — if a global treaty decreased fossil fuel demand.

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.

The global oil stocks surplus is close to evaporating, OPEC said on Thursday, citing healthy energy demand and its own supply cuts while revising up its forecast for production from Continue Reading

The global pick - up in demand and activity has generated strong upward pressure on a range of commodity prices over recent months, notably for oil, gold, base metals and a number of rural commodities.

Looking at global oil demand, you can see it's been unrelenting through recessions, through bull markets, bear markets, and it looks like it's going to continue to go up at a fairly steady level based on latest data from the U.S. Energy Information Administration (EIA).

At a time when the conversation around palm oil centres on deforestation, fires and habitat loss — and global demand shows no signs of abating — several companies have come together to create Palm Done Right, a new standard for ethical palm oil production...

Capitalize on the increasing global demand for rice bran oil produced at the joint venture Irgovel plant in Brazil, where Irgovel management completed capital investments to increase raw rice bran processing capacity by approximately 50 % in 2015;

A new report has warned an «oil crunch» looms on the global horizon, unless there is a dramatic reduction in demand.

The vote's impact on oil, despite sending global stocks and currencies spiralling, has so far been limited due to expectations of strong summer demand in Asia and the United States, and tightening supplies after a two - year rout.

Short - term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market's increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider.

«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.

Despite appreciating more than 7 % thus far in 2017, indications are that this Warren Buffett - owned stock will continue to rise on improved global supply and demand conditions for oil.

The January crude contract on the New York Mercantile Exchange fell 99 cents to US$ 59.95 a barrel, adding to a loss of almost $ 3 racked up Wednesday after OPEC cut its forecast for global demand for the cartel's oil.

Powerful impetus from other sectors is enough to keep oil demand on a rising trajectory to 105 mb / d by 2040: oil use to produce petrochemicals is the largest source of growth, closely followed by rising consumption for trucks (fuel - efficiency policies cover 80 % of global car sales today, but only 50 % of global truck sales), for aviation and for shipping.

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.

Providing energy for all would have a minimal impact on global energy demand, with an increase of 0.2 % (37 million tonnes of oil equivalent) relative to our base case.

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.

If one were to try and align with limiting global warming to below 2D, or apply a higher likelihood of the outcome then this would provide an even tighter constraint on future oil and gas supply and demand.

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.

«Critically, the greatest impact will — initially — not be directly from reduced demand, but from the consequent pressure on commodity prices,» said Spedding who was previously global co-head of oil and gas research at HSBC.

This study completes the research series on oil and coal started in 2014 and takes a look at three global gas markets — Europe, North America and LNG — in the context of the energy transition, examining where there may be unneeded capacity and capital expenditure in a low demand scenario.

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.

The future of hybrid vehicles depends on fuel saving economics, which depends on fuel prices, which depends on global oil supply and demand.

(11/15/07) «Ban the Bulb: Worldwide Shift from Incandescents to Compact Fluorescents Could Close 270 Coal - Fired Power Plants» (5/9/07) «Massive Diversion of U.S. Grain to Fuel Cars is Raising World Food Prices» (3/21/07) «Distillery Demand for Grain to Fuel Cars Vastly Understated: World May Be Facing Highest Grain Prices in History» (1/4/07) «Santa Claus is Chinese OR Why China is Rising and the United States is Declining» (12/14/06) «Exploding U.S. Grain Demand for Automotive Fuel Threatens World Food Security and Political Stability» (11/3/06) «The Earth is Shrinking: Advancing Deserts and Rising Seas Squeezing Civilization» (11/15/06) «U.S. Population Reaches 300 Million, Heading for 400 Million: No Cause for Celebration» (10/4/06) «Supermarkets and Service Stations Now Competing for Grain» (7/13/06) «Let's Raise Gas Taxes and Lower Income Taxes» (5/12/06) «Wind Energy Demand Booming: Cost Dropping Below Conventional Sources Marks Key Milestone in U.S. Shift to Renewable Energy» (3/22/06) «Learning From China: Why the Western Economic Model Will not Work for the World» (3/9/05) «China Replacing the United States and World's Leading Consumer» (2/16/05)» Foreign Policy Damaging U.S. Economy» (10/27/04) «A Short Path to Oil Independence» (10/13/04) «World Food Security Deteriorating: Food Crunch In 2005 Now Likely» (05/05/04) «World Food Prices Rising: Decades of Environmental Neglect Shrinking Harvests in Key Countries» (04/28/04) «Saudis Have U.S. Over a Barrel: Shifting Terms of Trade Between Grain and Oil» (4/14/04) «Europe Leading World Into Age of Wind Energy» (4/8/04) «China's Shrinking Grain Harvest: How Its Growing Grain Imports Will Affect World Food Prices» (3/10/04) «U.S. Leading World Away From Cigarettes» (2/18/04) «Troubling New Flows of Environmental Refugees» (1/28/04) «Wakeup Call on the Food Front» (12/16/03) «Coal: U.S. Promotes While Canada and Europe Move Beyond» (12/3/03) «World Facing Fourth Consecutive Grain Harvest Shortfall» (9/17/03) «Record Temperatures Shrinking World Grain Harvest» (8/27/03) «China Losing War with Advancing Deserts» (8/4/03) «Wind Power Set to Become World's Leading Energy Source» (6/25/03) «World Creating Food Bubble Economy Based on Unsustainable Use of Water» (3/13/03) «Global Temperature Near Record for 2002: Takes Toll in Deadly Heat Waves, Withered Harvests, & Melting Ice» (12/11/02) «Rising Temperatures & Falling Water Tables Raising Food Prices» (8/21/02) «Water Deficits Growing in Many Countries» (8/6/02) «World Turning to Bicycle for Mobility and Exercise» (7/17/02) «New York: Garbage Capital of the World» (4/17/02) «Earth's Ice Melting Faster Than Projected» (3/12/02) «World's Rangelands Deteriorating Under Mounting Pressure» (2/5/02) «World Wind Generating Capacity Jumps 31 Percent in 2001» (1/8/02) «This Year May be Second Warmest on Record» (12/18/01) «World Grain Harvest Falling Short by 54 Million Tons: Water Shortages Contributing to Shortfall» (11/21/01) «Rising Sea Level Forcing Evacuation of Island Country» (11/15/01) «Worsening Water Shortages Threaten China's Food Security» (10/4/01) «Wind Power: The Missing Link in the Bush Energy Plan» (5/31/01) «Dust Bowl Threatening China's Future» (5/23/01) «Paving the Planet: Cars and Crops Competing for Land» (2/14/01) «Obesity Epidemic Threatens Health in Exercise - Deprived Societies» (12/19/00) «HIV Epidemic Restructuring Africa's Population» (10/31/00) «Fish Farming May Overtake Cattle Ranching As a Food Source» (10/3/00) «OPEC Has World Over a Barrel Again» (9/8/00) «Climate Change Has World Skating on Thin Ice» (8/29/00) «The Rise and Fall of the Global Climate Coalition» (7/25/00) «HIV Epidemic Undermining sub-Saharan Africa» (7/18/00) «Population Growth and Hydrological Poverty» (6/21/00) «U.S. Farmers Double Cropping Corn And Wind Energy» (6/7/00) «World Kicking the Cigarette Habit» (5/10/00) «Falling Water Tables in China» (5/2/00) Top of page

«The Conference Board analysis hinges on global oil prices and demand rising steadily to 2035,» reads the memo, dated Oct. 26, 2012 and signed by Dupont.

From the article:... U.S. crude oil fell on Friday, on track for its fourth daily decline on continued concerns about ample supply at a time of weak global economic data and fragile demand.

The 2010 World Energy Outlook, published on November 9, shows that in order to meet climate goals global oil demand must peak by 2018.

Even the Shell Oil company states on its website:» The scientific evidence is now overwhelming, climate change is a serious global threat, one that demands an urgent worldwide response ``.

Maximising exploration and production growth potential is also on the agenda, driving demand for deepwater and unconventional skills, according to Hays Oil & Gas Global Salary Guide and our local teams.

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.