China’s Oil Demand Growth Expected to Slow in 2016

• Tuesday, 12th January 2016
• by Egypt Oil & Gas

China’s oil demand growth is expected to drop to 3% in 2016 reflecting on the country’s economic slowdown, despite lowering oil prices, Bloomberg reported. According to Barclays’ analysts, oil demand...

OPEC Keeps Oil Demand Forecast Steady, Warns on European Economic Crisis

• Tuesday, 17th January 2012
• by Egypt Oil & Gas

The Organization of Petroleum Exporting Countries kept its forecast for 2012 oil demand unchanged, while warning that Europe’s debt crisis could harm global consumption. Oil use will increase by 1.1 million barrels a ...