 Home > Chemicals Industry > Petrochemical News > The International Energy Agency publishes monthly report on the oil market Soaring natural gas prices have increased global oil demand

The International Energy Agency publishes monthly report on the oil market Soaring natural gas prices have increased global oil demand

 Last Update: 2023-01-08
 Source: Internet
 Author: User

Tags

use fossil fuels

marco group international

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

On August 11, local time, the International Energy Agency released a monthly report
on the oil market.
The report shows that due to hot weather and soaring natural gas prices, some countries have had to change their power generation methods and switch to petroleum oil oil for power generation
.
At the same time, European industries, including refining, are also switching their use of fuels, so global oil demand will grow more than previously forecast
this year.

The International Energy Agency expects global oil demand in 2022 to be 99.
7 million barrels
per day.
The IEA also said international oil prices had fallen to $
30 a barrel from their peak in June due to increased oil supplies and heightened concerns about a deteriorating economic outlook.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

T3213 CF-4/SL Engine Oil Additive Package motor oil additive lube oil Additive

CAS No.:

$3400-3600/MT EXW

Special Paraffin Wax For Corrugated Cardboard Box Waterproofing

CAS No.: 8002-74-2

Food Grade

$1458-1460/MT FOB

Stearic Acid,

CAS No.: 57-11-4

Industrial Grade

$10/KG FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.