Oil demand can grow 1.5 percent this year

Second evaluation of the International Energy Agency (IEA), the demand for oil is growing and should further increase until 2018. In your report, the Agency reported that with the increase in consumption on the part of Germany and the United States, predicting that this year the world appetite for "black gold" can climb 1.5%, totaling 98 million barrels per day.

For 2018, the prospect is almost 100000 barrels per day.  The expectation just beating on OPEC's plans, since the end of last year by reducing global oil production, in order to restrict oil stocks to strike a balance and achieve recovery of the commodity. The volumes stored, which are in large quantity, has kept the price of oil between $ $45 and $ $55 dollars last year. Very underwhelming.

Keep watching the Panorama Offshore and get relevant information about the market of oil, gas, energy, gasoline, fuels, Petrobras, onshore and offshore. Your business goes through here. Check out: www.panoramaoffshore.com.br.


8 thoughts on “Oil demand can grow 1.5 percent this year

Leave a Reply