August 24, 2015 Source: U.S. Energy Information Administration, , August 2015 Continued growth in global production of petroleum and other liquids has outpaced consumption growth since August 2014, resulting in rising global liquids stocks. Total global liquids inventories are estimated to have grown by 2.3 million barrels per day (b/d) through the first seven months […]
Tag Archives: reflect
January 16, 2015 Source: U.S. Energy Information Administration, based on the 2013 China Statistical Yearbook Note: Vehicle density covers private vehicles, including passenger vehicles, trucks, and other. Oil demand and have increased significantly as private passenger vehicle sales and use have increased. Sales of private passenger vehicles have grown by 29% annually over the past […]
The Speaker of the House of Representatives has reemphasized the need to ensure that the New Oil and Gas Laws will reflect the good of society and strengthen the overall growth and development of the country. Speaker Alex Tyler said the validation phase on the New Oil and Gas Laws is a key component in […]
November 20, 2014 Source: U.S. Energy Information Administration, based on Bloomberg Note: The U.S. dollar index measures the value of the U.S. dollar against a basket of six currencies’ exchange rates: the euro, Japanese yen, British pound, Canadian dollar, Swiss franc, and Swedish krona. An increase in the index means the dollar is appreciating against […]
July 17, 2014 Source: U.S. Energy Information AdministrationNote: Resource categories are not drawn to scale relative to the actual size of each resource category. The graphic shown above is applicable only to oil and natural gas resources. Crude oil and natural gas resources are the estimated oil and natural gas volumes that might be produced […]