GasBuddy Blog

GasBuddy News Article

votes

World Oil Demand Returning to Growth: OPEC

CNBC.com -- Oil demand has been growing in the United States, where consumption in April grew for the first time since March 2011, and Japan, helping to offset weaker demand in crisis-hit Europe, OPEC said on Thursday.

AP
text deleted

“Given the stabilization of the U.S. economy and the shutdown of Japanese nuclear power plants, world oil demand growth has—at least for the short-term—stopped its declining trend and is showing some growth, OPEC said in its monthly oil market report.

Read the Full Article

Submitted May 10, 2012 By: dieselmikeOH

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: World Oil Demand Returning to Growth: OPEC	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

LJGP_MO95 Champion Author Missouri Posts:1,753 Points:478,980 Joined:Jun 2005	Message Posted: May 11, 2012 10:33:40 AM Ignore LJGP_MO95 Report Abuse boo
gazprize Veteran Author Toronto Posts:483 Points:125,120 Joined:Jan 2012	Message Posted: May 10, 2012 10:34:20 AM Ignore gazprize Report Abuse as population grows, so will oil demand
gazprize Veteran Author Toronto Posts:483 Points:125,120 Joined:Jan 2012	Message Posted: May 10, 2012 10:33:54 AM Ignore gazprize Report Abuse oil demand will always grow...
doctorindyj Champion Author Santa Fe Posts:3,438 Points:836,785 Joined:Nov 2009	Message Posted: May 10, 2012 10:32:56 AM Ignore doctorindyj Report Abuse Right, because OPEC has no interest in higher oil prices.
peakkeller Champion Author Colorado Springs Posts:1,674 Points:774,325 Joined:Dec 2009	Message Posted: May 10, 2012 10:20:21 AM Ignore peakkeller Report Abuse Good for OPEC...
NoSoup4U Champion Author Raleigh Posts:2,050 Points:951,780 Joined:Jul 2007	Message Posted: May 10, 2012 8:58:57 AM Ignore NoSoup4U Report Abuse OPEC will always stick it to us. That's why we need to get OFF oil.
gandalfthegrey1 Champion Author Houston Posts:1,184 Points:384,785 Joined:Feb 2011	Message Posted: May 10, 2012 8:52:37 AM Ignore gandalfthegrey1 Report Abuse Growing oil demand? Economic stabilization? In the US? What world are they from?
DerHahn Champion Author Illinois Posts:13,698 Points:2,112,185 Joined:May 2004	Message Posted: May 10, 2012 8:43:30 AM Ignore DerHahn Report Abuse all the speculators needed to see to start driving prices back up
lcleveland Champion Author San Antonio Posts:2,646 Points:648,025 Joined:May 2011	Message Posted: May 10, 2012 8:34:22 AM Ignore lcleveland Report Abuse ok
Ouch06 Champion Author Michigan Posts:1,607 Points:1,429,635 Joined:Apr 2006	Message Posted: May 10, 2012 8:33:07 AM Ignore Ouch06 Report Abuse ok.
ratboy1968 Champion Author Montreal Posts:2,602 Points:546,100 Joined:Oct 2011	Message Posted: May 10, 2012 8:30:04 AM Ignore ratboy1968 Report Abuse ok
Evilmaddog Champion Author British Columbia Posts:3,307 Points:954,625 Joined:Aug 2010	Message Posted: May 10, 2012 8:29:24 AM Ignore Evilmaddog Report Abuse here we go again
TripleHs Champion Author Austin Posts:3,355 Points:915,140 Joined:Oct 2009	Message Posted: May 10, 2012 8:28:45 AM Ignore TripleHs Report Abuse haha
dgerst Champion Author South Carolina Posts:2,691 Points:553,600 Joined:Aug 2008	Message Posted: May 10, 2012 8:28:40 AM Ignore dgerst Report Abuse One report says its growing another says its dropping. Who do you believe?