The leading source for credible citizen reporting

Help | Login | Join Allvoices

Mainstream News

This event is older than two months and is no longer active. Some links older than two months could be broken.

Click here to post a new related report

Heavy fall in oil demand

Source: The Scotsman

London : United Kingdom | 5 months ago

0 0

A BP report revealed that worldwide consumption fell by 0.6 per cent last year to 84.4 million barrels per day. A BP economist said the spike of up to Â£85 per barrel last year had exacerbated the recession. Oil prices rose above Â£42 per barrel for the first time in months yesterday.

Share:
Credibility

Tags: oil price, crude oil, New York Mercantile Exchange, oil demand, price rose

More News From: London : United Kingdom

News Stories

Oil near $72 on economic recovery hopes

News Source: Simi Valley - Moorpark Examiner | 5 months ago

AP Photo/Mary Altaffer) Traders work the crude oil options pit at the New York Mercantile Exchange Wednesday, June 10, 2009 in New York. Oil prices hovered near $72 a barrel Thursday as investor optimism about a global economic recovery pushed crude...
Oil rises to $72 as IEA raises demand outlook

News Source: International Business Times | 5 months ago

World oil demand will contract by less than previously expected this year, the International Energy Agency said as it raised its 2009 forecast for the first time since August 2008. "Markets are currently in a phase of identifying green or bamboo...
Heavy fall in oil demand

News Source: The Scotsman | 5 months ago

A BP report revealed that worldwide consumption fell by 0.6 per cent last year to 84.4 million barrels per day. A BP economist said the spike of up to Â£85 per barrel last year had exacerbated the recession. Oil prices rose above Â£42 per barrel...
ThisIsMoney.co.uk: BP's grim warning over North Sea oil

News Source: Uinta County News | 5 months ago

Chief executive Tony Hayward said output will fall by at least 5% a year in the coming years, and if investment is not stepped up the declines could be even steeper. Just 1.54m barrels of oil were produced in 2008, compared with a peak of 2.9m in...