Oil Demand Expected To Rise

Tuesday, February 06, 2001
According to the latest oil market report from IEA, world oil demand is still projected to increase by 1.66 mbd this year, despite a downward revision reflecting economic slowdown. North America is projected to increase consumption by 0.41 mbd, Europe by 0.2 mbd, and Asia by 0.75 mbd. The only marginal decline is expected in the Former Soviet Union. IEA has projected world oil demand to reach 79.3 mbd in 4Q 2001, an all time high. Total non-OPEC supply is projected to increase by 0.93 mbd, and the biggest increases are expected in the FSU (0.39 mbd) and N America (0.41 mbd). A marginal decline is expected in Europe.
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Energy

Idreco Delivers Dredger for Hydro-Dam in Congo

Idreco (International Dredger Constructions) of the Netherlands informs it has designed, built and installed its second dredger, an ISD 600 with a digging depth of 30 meters,

Offshore Wind Shift to Drive Vessel Services Cooperation

Evolving procurement processes for U.K. Round 3 offshore wind farms will require a greater number of work streams, personnel with new and differing skills, and

Damen Delivers First Twin Axe FCS for O&G

Damen Maaskant Shipyards Stellendam have a decade-long relationship with the family-run Groen Offshore, Guard & Support, having built seismic research vessels and

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Electronics Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1415 sec (7 req/sec)