Skip to main content

Gas processing - 23 August 2013


Cheaper oil but not cheap

DNB Bank has released its annual oil market update, outlining that their oil price forecast has remained unchanged since August last year.


July petroleum demand at three year high

According to the API, total US petroleum deliveries (a measure of demand) increased by 1.7% from July 2012 to average 18.9 million bpd last month. This was the highest July level in three years.