12 Feb Move over, China — India will drive future oil-demand growth

Posted at 16:43h in Global Energy Industry News

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By hellenicshippingnews Worried about China's future oil demand? Fear not. India will pick up the slack and, in fact, overtake China as the main engine for global energy-demand growth by 2040, according to the International Energy Agency. While the world's second largest economy still features...

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12 Feb COLUMN-U.S. refiners eye gasoline demand after winter storms: Kemp

Posted at 16:15h in Global Energy Industry News

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LONDON, Feb 12 (Reuters) - The prospect that U.S. oil refiners might respond to rising stockpiles of refined fuels and weakening margins by cutting the amount of crude they process has roiled oil markets in recent days. Read full story › Source:: Reuters UK Natural Resources       ...

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11 Feb U.S. shale oil output to double by 2035: BP

Posted at 17:28h in Global Energy Industry News

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By hellenicshippingnews U.S. shale oil production will double over the next 20 years as drillers that became more efficient amid a slump in oil prices unlock new resources, British energy giant BP said. In its industry benchmark 2035 Energy Outlook, BP forecast global demand for...

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11 Feb Analysis: Brent’s premium to Dubai begins to slip after a four-month rally

Posted at 17:28h in Global Energy Industry News

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By hellenicshippingnews Analysis: Brent's premium to Dubai begins to slip after a four-month rally After pushing Brent crude to a steep premium over Dubai crude prices in recent months, naphtha cracks are now bringing the two global oil benchmarks closer together, potentially reopening the arbitrage...

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