All posts tagged "Oil Demand"

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  266

  Oil & Gas News

  Oil Industry Consolidation Heats Up As Jobs Disappear

  By: David Blackmon – Forbes – A pair of new reports issued on Monday portray a domestic oil and gas industry entering into...

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  171

  Oil & Gas News

  Global Oil Demand Won’t Peak Before 2040, OPEC Says

  By: David Hodari – WSJ – The world’s appetite for crude oil won’t reach its apex for another two decades, the Organization...

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  390

  Investing

  A $100 billion Big Oil divestiture plan is coming

  By: Tore Guldbrandsøy, senior vice president, and Ilka Haarmann analyst, at Rystad Energy – CNBC – Energy transition has climbed towards the...

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  225

  Oil & Gas News

  OPEC and allies to review oil production cuts after dire demand warnings

  By – Sam Meredith – CNBC – OPEC and non-OPEC allies will meet Thursday to review production policy, amid a faltering recovery...

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  613

  Oil & Gas News

  BP Says the Era of Oil-Demand Growth Is Over

  By: Rakteem Katakey – Bloomberg – BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the...

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  1.5K

  Exploration

  America’s Oil And Gas Jobs Could Soon Come Roaring Back with Demand

  By: Scott Carpenter – Forbes – Bill Gilmer knows an economic bust when he sees one.  In the 1980s, when oil prices...

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  432

  Exploration

  Goldman Sachs says global oil demand will bounce back but could be hit hard by the lack of business travel

  Market Insider – Goldman Sachs is predicting a V-shaped bounce back in oil demand but expects the fuel to face a beating from...

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  493

  Exploration

  COVID-19 mitigation efforts result in the lowest U.S. petroleum consumption in decades

  EIA – U.S. consumption of petroleum products has fallen to its lowest level in decades because of measures that limit travel and because of...

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  392

  Investing

  Oil jumps more than 2% as slowdown in new China coronavirus cases eases fuel demand concerns

  CNBC – Oil prices climbed more than 2% on Wednesday as China reported its lowest daily number of new coronavirus cases since...

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  869

  Investing

  Chinese Oil Demand Has Plunged 20% Because of the Virus Lockdown

  Bloomberg – Chinese oil demand has dropped by about three million barrels a day, or 20% of total consumption, as the coronavirus squeezes the...