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Oil hits record on higher than expected China imports in February

Mar 10, 2012

Oil hits record on higher than expected China imports in February

China's imports of main commodities posted a surprise rise in February versus January with crude oil hitting a daily record, soothing worries that a slowing economy has yet to cut into use of commodities #China #crude oil #oil imports #Beijing #Peak oil #copper producer
India world's third largest economy by 2030: BP

Feb 27, 2012

India world's third largest economy by 2030: BP

India's dependence on imports to meet its gas needs will jump to 47 percent by 2030 while the same for oil will grow to 91 percent. #Alternative energy #BP Plc #Expert View #Peak oil #Chief economist #Energy efficiency #energy demand
Bernanke holds fire, and the slip is showing for oil

Aug 30, 2011

Bernanke holds fire, and the slip is showing for oil

The demand side picture does not look rosy either in Europe or the US as the crisis deepens. Morgan Stanley has mentioned in its August 18 report how the US and Europe are "hovering dangerously close to recession" while Goldman Sachs was quick to follow iy up with a warning that "US economy is losing further momentum". #WhatNext #Energy crisis #OPEC #Peak oil