China’s Going to Raise Oil Demand Next Year
China, the world's largest oil importer, is expected to increase oil demand by around 4% in the first half of ...
Tag: oil
Global Oil Demand to Rise This Year
China's oil demand reached a record high in September, and global oil demand will rise more than expected this year, ...
Oil Prices Surged As the Middle East Crisis Escalated.
International oil prices surged nearly 6% as the Middle East crisis escalated. West Texas Intermediate (WTI) futures jumped 5.80% from ...
Oil Prices Continued to Rise on 9/15
International oil prices continued to rise on the 15th (local time), hitting a new yearly high. The closing price of ...
U.S. CPI Rose as Oil Prices Soared
With international oil prices hitting a yearly high day after day, the U.S. Consumer Price Index (CPI) growth rate exceeded ...
Oil Prices Hit New High in 70 Days
With the U.S. Energy Information Administration (EIA) predicting that global crude oil supply will fall slightly short of demand this ...
OPEC’s Influence on Energy Price is Declining
The OPEC's (Organization of the Petroleum Exporting Countries) influence, the resource cartel of oil exporters, is declining. The Wall Street ...
High Oil Prices Led Chevron Soaring Profit
Chevron, a petroleum refineries company, announced a record full-year profit for as much as $36.5 billion due to the soaring ...
The U.S. New Mandates Battle for Powerful Oil
The U.S. is expected to launch the new mandates in order to process the non-stop lobbying battle for the powerful ...
How Long Will Oil Downward Trend Continue?
As international oil prices approach their lowest level in six months, attention is being paid to how long the downward ...
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