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13.08.2014 China's demand for overseas crude to expand this year

China's dependency on foreign crude will continue to increase this year despite the ongoing strife in major oil-producing nations like Iraq, a leading industry think tank said on Tuesday.

11.07.2014 World oil demand to grow further in 2015

Global world oil demand is due to increase further next year thanks in part to resurgent growth in developed countries, OPEC said in its first forecast for 2015.

18.06.2014 IEA expects further oil boom, but 'inflexion point' nears

The International Energy Agency has said it expects global oil demand to rise over the next five years. But its latest medium-term market report also warned growth might decelerate later for environmental reasons.

03.06.2014 Demand for oil expected to plunge by 2035

Demand for oil will fall to the 2012 level by 2035, experts from the Skolkovo business school have predicted. At the same time, demand for natural gas is set to grow.

24.04.2014 Chinese crude oil stocks down in March

China's commercial crude oil inventories at the end of March fell 2.89 percent from a month earlier on lower crude imports, the official Xinhua news agency said on April 23, Reuters has reported.

17.04.2014 Chinese oil demand sluggish

China's implied oil demand fell 0.6 percent in the first quarter as a slowing economy dampened energy use, forcing refiners to scale back crude runs and raise exports to trim high fuel stocks, Reuters reported on April 16.

15.04.2014 Minister says Iran seeks to supply gas to Europe

Tehran is seeking to play a bigger role on the world gas market, an Iranian senior government official said, ITAR-TASS reported on April 14.

29.10.2013 European Refiners Battle to Tap African Demand

Embattled European refiners face an uphill battle with U.S. and Asian competitors to supply Africa's rapidly growing appetite for fuel products as transatlantic shipping routes are redrawn, Reuters said on October 28.

21.10.2013 Chinese Oil Demand Down in September

Implied oil demand in China, the world's second-largest oil consumer, posted its first yearly decline in 17 months in September as refiners cut crude runs to perform maintenance, Reuters reported on October 18.

09.08.2013 IEA Trims Estimate for 2014 Global Oil Demand Growth on Economy

The International Energy Agency trimmed forecasts for global oil demand growth in 2014 amid slowing expansion in China and a struggle to secure a recovery in the U.S. and Europe, Bloomberg reports.