Skip to main content

Refining

China's oil demand to grow 3% in 2015

China's implied oil demand will grow 3% this year versus last year according to the country's top energy group forecast.

 

WTI and Brent to trade near parity in 2015

BMI forecasts that WTI and Brent will trade near parity throughout 2015, with transatlantic arbitrage opportunities capping any widening of the spread.

 
 
 
 
 
 
 
 
 
 
 
 
 

US petroleum demand: December 2014

The American Petroleum Institute has said that in December petroleum demand is up sharply and that crude production is at its highest since 1972.