demand growth news
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Signs of pricing power weakening
Nalgonda :: India | 17 days ago
Credibility
The second half of 2012-13 was a tough period for the cement industry, as cement demand plummeted and prices started to moderate. The scenario has not improved in April as well, with prices being 4-7 per cent lower on a year-on-year basis in the West,
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Asian petrochemical firms risk chemicals deluge
Singapore :: Singapore | 1 month ago
Credibility
Petrochemical firms risk creating a glut of high-end products in Asia as they invest billions of dollars to move up a value chain threatened at the bottom end by cheap US ethylene. Firms including Taiwan's Formosa Petrochemical Corp , South Korea's
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Kuwait eyes KWD12bn surplus in FY13-14
Jalīb aš Šuyūẖ :: Kuwait | 1 month ago
Credibility
After trading broadly flat through March, crude oil prices dropped sharply in early April. The price of Kuwait Export Crude (KEC) fell from a peak of $107 per barrel (pb) on April 2 to just under $100 ten days later. This was its first spell below
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The Biggest Question About Today's Terrible Durable Goods Report
San Francisco :: CA :: USA | 1 month ago
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Today's release of March durable goods orders data did not paint a pretty picture. Total orders fell 5.7%, orders excluding transportation fell 1.4%, and nondefense capital goods orders excluding aircraft and parts (a.k.a. "core capex") grew a meager
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Oil price falls toward $94 on supply increase
New York City :: NY :: USA | 2 months ago
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This The price of oil fell slightly Thursday after forecasts for global oil demand were cut and U.S...The International Energy Agency lowered its expectations for global demand for crude in 2013 by 45,000 barrels a day, to 90.6 million barrels a day.
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OPEC: China leads in oil demand growth
Vienna :: Austria | 2 months ago
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The Organization of Petroleum Exporting Countries said in its report for April that the U.S. economy was on the road to recovery. It said first quarter economic growth was around 2.5 percent to 3 percent. The cartel said, however, that the forecast
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The Shocking Implications of the Rebuke of Peak Oil Theory
Alexandria :: VA :: USA | 3 months ago
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The theory, which espouses the very commonsensical view that the world's crude oil resources are finite, essentially states that at some point in the future, oil production will begin to fall and prices will rise. The last time peak oil theory
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PIRA Energy Group's Weekly Natural Gas, Power and Coal Market Recap for the Week Ending January 13th
New York City :: NY :: USA | 5 months ago
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Energy Group reports that Petrobras is stepping up LNG procurement and competing with Asian buyers. In North America the gas market’s weather fixation is understandable following last winter’s heating degree day collapse...Natural Gas Markets
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Areas for Alcoa to Grow in 2013
Alexandria :: VA :: USA | 5 months ago
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kicked off earnings season with in-line profits and better-than-expected revenue. The big news coming out of the report was the company's outlook for 2013. It raised its global aluminum demand growth outlook up to 7%. Even more interesting is that
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Oil prices higher on China
Shanghai :: China | 6 months ago
Credibility
At the moment it looks like oil prices may be heading for a weekly gain after losing ground the previous week. The majority of the support this week came from a growing view that the main economic and oil demand growth engine of the world ...China...
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