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Refining - 10 February 2015

 
 

IEA Oil Market Report for February

According to the IEA, global supplies of oil fell by 235 000 bpd in January to 94.1 million bpd on lower OPEC and non-OPEC production.

 
 
 

The medium term oil market

The International Energy Agency has released its Medium Term Oil Market Report.

 
 

Global economic power is shifting

According to PwC, the shift of global economic power to emerging economies is set to continue, despite marked slowdown in China after 2020.

 

US biodiesel volumes

32 US senators have urged the Environmental Protection Agency to approve increased biodiesel volumes.