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Trends

Trends
2014, November, 16, 12:40:00
GLOBAL ENERGY SISTEM IS CHANGED
Global energy demand is set to grow by 37% by 2040 in our central scenario, but the development path for a growing world population and economy is less energy-intensive than it used to be.
Trends
2014, November, 16, 12:35:00
OIL PRICES 2015: UNANTICIPATED
North Sea Brent crude oil spot prices averaged $87/bbl in October, a decrease of $10/bbl from September and the first month Brent crude oil prices have averaged below $90/bbl since November 2010.
Trends
2014, November, 16, 12:30:00
GLOBAL OIL DEMAND 2015: 93.6 MB/D
Global oil supply inched up by 35 000 barrels per day (35 kb/d) in October to 94.2 million barrels per day (mb/d)
Trends
2014, November, 16, 12:25:00
OIL PRICES 2015: $83/BBL
Brent crude prices will average $83/barrel in 2015, $18/barrel lower than last month’s outlook for 2015.
Trends
2014, November, 16, 12:15:00
GLOBAL GAS DEMAND: UP 50%
IEA Report: Global Gas Demand 50% Higher in 2040
Trends
2014, November, 16, 12:10:00
WORLD OIL TRANSIT
World chokepoints for maritime transit of oil are a critical part of global energy security. About 63% of the world's oil production moves on maritime routes. The Strait of Hormuz and the Strait of Malacca are the world's most important strategic chokepoints by volume of oil transit.
Trends
2014, November, 16, 12:05:00
LNG WILL RISE
LNG Will Offer Protection Against Gas Supply Halts: IEA
Trends
2014, November, 16, 12:00:00
WITHOUT RUSSIAN GAS
Dispute over Russian gas supplies to Ukraine should be resolved shortly since this country will not survive this winter without Russian gas.
Trends
2014, November, 16, 11:55:00
RUSSIA WITHOUT EUROPE
According to Gazprom’s financial report, in 2013 exports to Europe accounted for 58% of its revenue. It is true that Gazprom has been losing market share in Europe, but it has been increasingly flexible and sales rebounded in 2013.
Trends
2014, November, 16, 11:50:00
UNREASONABLY COLD U.S.
Unseasonably cold temperatures this week led to big increases in heating demand for natural gas from the residential and commercial sectors. Weather forecasters expect the cold to continue into next week, which will likely result in more natural gas consumption.
Trends
2014, November, 16, 11:40:00
HALLIBURTON & BAKER HUGHES DEAL
Two of the biggest oilfield services companies, Halliburton and Baker Hughes, are discussing a merger that would help both companies fend off falling oil prices
Trends
2014, November, 16, 11:35:00
G20: RUSSIA SANCTIONS & GLOBAL GROWTH
Leaders from the G20 group of nations agreed on Sunday to boost flagging global growth, tackle climate change and crack down on tax avoidance but ties between the West and Russia plummeted to a new low over the crisis in Ukraine.
Trends
2014, November, 13, 21:50:00
SAUDI PRICE WAR
Saudi Arabia’s oil minister broke months of silence on Wednesday to speak publicly about the Gulf nation’s stance on the oil market and dismiss claims that it had triggered a “price war”.
Trends
2014, November, 13, 21:45:00
OIL PRICE: OPEC ACTIONS
EIA: OPEC’s actions bring huge uncertainty on crude oil price forecast
Trends
2014, November, 13, 21:40:00
RUSSIA GAS FROZEN
Russia gas flows still frozen; Ukraine banks on mild weather to hold out