Дорогие друзья! Больше трех лет я рассказываю вам об основных новостях, событиях, трендах на мировом рынке нефти и газа. Я делаю это бесплатно и без рекламы. Поэтому я прошу вас о помощи. Wognews нуждается в развитии. Вас больше 20 000 человек из более чем 80 стран мира. Если каждый пожертвует небольшую сумму денег, 500 или 1000 рублей, или больше, wognews станет лучше. Спасибо, Владимир Виноградов, основатель wognews.

Dear friends! For more than three years I've been telling you about the main news, events, trends in the world oil and gas market. I do it for free and without advertising. Therefore I ask you for help. Wognews needs development. You are more than 20 000 people from more than 80 countries. If each donate a small amount of money, $10, $20, $30 or more, wognews will become better. Thank you, Vladimir Vinogradov, the founder of wognews.
2015-10-19 19:35:00

OIL DEMAND GROWTH

OIL DEMAND GROWTH

South Korea's S-Oil Corp said on Monday it expected global demand for refined oil products to continue to grow in the fourth quarter and next year, supporting refining margins.

S-Oil, whose main shareholder is Saudi Aramco, reported a 12.4 billion won ($10.97 million) operating income in the third quarter, compared with 606.2 billion won in the second quarter, due to lower refining margins and inventory related losses.

But operating income rebounded from a 38.3 billion won loss a year ago.

"The fourth-quarter oil demand will be mainly boosted by heating oil demand in Asia. And in 2016, North America and Asia will continue to drive the global oil demand growth," the country's third-largest refiner said in an earnings statement.

The refiner said net additions to global refining capacity would run well below expected demand growth for the next few years.

reuters.com

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Tags: OIL, DEMAND, SUPPLY, PRICES

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