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IEA Cuts 2019 Estimate For Oil Demand Growth On Global Trade Worries

2019-06-14 15:14:43| OGI

The Paris-based IEA, which coordinates the energy policies of industrial nations, revised down its 2019 demand growth estimate by 100,000 barrels to 1.2 million barrels per day (MMbbl/d) but said it would climb to 1.4 MMbbl/d for 2020.

Tags: global trade growth oil

 

OPEC Cuts Oil Demand Outlook, Building Case To Keep Supply Curbs

2019-06-13 17:15:52| OGI

Cartel members concerned about price slides stemming from trade disputes.  

Tags: case building supply oil

 
 

IEA: Global Gas Demand To Grow At 1.6% Per Year Until 2024

2019-06-10 15:39:49| OGI

The Asia-Pacific region will remain the largest source of gas consumption growth in the medium term with an average rate of 4% per year.

Tags: year until global gas

 

Oil Prices Firm But Concerns Grow About Demand

2019-06-06 14:37:38| OGI

Oil prices rose by more than 1% on June 6, recovering from a near five-month low in the previous session but sentiment stayed weak due to rising U.S. supply and a stalling global economy.

Tags: prices firm oil demand

 

Higher Demand For Perforating Systems Strains Supply Chain

2019-06-03 13:00:00| OGI

With increased drilling rig efficiency and longer laterals, the horizontal environment has changed the nature of the perforating business.

Tags: systems higher supply chain

 

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