Tag Archive | "demand"

Oil has extended Losses on Surprise Surge in US Crude Stocks

Thursday, July 30, 2009

Oil extended their losses in Asian trade today amid renewed worries about energy demand in the United States where data showed an unexpected jump in national crude reserves. For full story, click here

Nippon Oil will show dip in Crude Runs in August

Monday, July 27, 2009

Nippon Oil Corp. has planned to refine 10 percent more crude for domestic sale in August than July, although this is still nearly a fifth down on the year amid continued poor demand in the world’s No.3 oil consuming nation. For full story, click here

Nippon Oil will slow down dip in Crude runs in August

Monday, July 27, 2009

Nippon Oil Corp. has planned to refine 10 percent more crude for domestic sale in August than July, although this is still nearly a fifth down on the year amid continued poor demand in the world’s No.3 oil consuming nation. For full story, click here

OPEC declared that the world will need Less Crude Oil

Wednesday, July 8, 2009

OPEC declared the world will need less crude oil from the group in 2013 than it did last year as the lingering impact of slump crimps demand and surging biofuels supply makes up for shrinking output elsewhere. For full story, click here

U.S Crude Oil Futures slipped on demand, economy concerns

Tuesday, July 7, 2009

U.S. crude oil futures slipped on Tuesday as concerns about the pace of economic recovery and continued tepid demand amid swollen inventories took crude prices off an early high in choppy trading. For full story, click here

Japan Energy will cut Q3 refining on weak demand

Thursday, June 25, 2009

Japan Energy Corp, the nation’s sixth-biggest oil refiner, declared that it plans to cut its crude oil processing volumes for July-September by 9 percent from a year earlier due to slow domestic demand. For full story, click here

Japan Energy will cut Q3 refining on weak demand

Wednesday, June 24, 2009

Japan Energy Corp, the nation’s sixth-biggest oil refiner, declared that it plans to cut its crude oil processing volumes for July-September by 9 percent from a year earlier due to slow domestic demand. For full story, click here

Crude Oil is trading near $71 after snapping four weeks of Increases

Friday, June 19, 2009

Crude oil snapped four weeks of gains, trading little changed near $71 a barrel in New York, as fuel demand remained weak even as data showed that the international economy may be recovering from the slump. For full story, click here

Crude Oil dips after breaching $73

Monday, June 15, 2009

Oil prices slipped on profit-taking and a surge of the dollar, one day after striking 2009 peaks above $73 on signs of recovery for energy demand, traders said. New York’s main futures contract, light sweet crude for delivery in July, sank 51 cents to 72.17 dollars a barrel. The contract had hit $73.23 on Thursday [...]

Strong China Imports and Higher Global Demand Forecasts Have Held Oil price firm

Friday, June 12, 2009

Crude oil price remains strong in European morning as International Energy Agency raised its demand forecasts on the energy market. Moreover, surge in China’s net import for crude oil to the highest in 14 months also stimulated purchasing. For full story, click here

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