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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.

 
 

Canada and declining oil prices

The Conference Board of Canada looks at how Canadian economic growth is sliding with the decline in oil prices.

 
 

EU to treat oilsands more fairly

The EU’s new fuel quality directive (FQD) will treat Canada’s oilsands on a level playing field with other sources of oil around the world.