In other words, StanChart thinks global oil demand is already strong and will decelerate to a more sustainable pace as the months roll on whereas the EIA thinks oil demand growth is weak but will strengthen in coming months. Traders will be waiting for the International Energy ...
Chart of the Week – Oil Demand ReturnsFrank Holmes
Visual Capitalist has partnered with Range ETFs to explore how global oil demand could grow between 2022 and 2045 in this infographic. Sponsored Post Sponsored4 years ago Ethical Supply: The Search for Cobalt Beyond the Congo With the current supply chain of cobalt under scrutiny, companies ...
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The shift in oil demand from West to East is clearly evident in the chart below. Source: Samuel Foucher/Logi Energy LLC OECD demand has been falling steadily since 2005, while non-OECD demand has been rising relentlessly. Non-OECD demand will overtake OECD demand for the first time this yea...
This chart shows SGE gold premiums based on data from the SGE weekly reports (it’s the difference between the SGE gold price in yuan and the international gold price in yuan).Other news:–Copper has been trading in backwardation on the Shanghai Futures Exchange for two weeks now (July 18...
Murty and Radhakrishna (1982), using 24 rounds of NSS data for five expenditure classes in rural and urban areas, estimated an extended linear expenditure system for food grains, milk, oil, meat, sugar, other foods, clothing, fuel and lighting, and other nonfoods. All commodities other than...
While the Main Stream media continues regurgitate the notion that falling oil prices act as an economic stimulus, they only do so for countries that act as a PARASITE on others… such as the United States. Before I get into that, let’s look at the U.S. Dollar vs Oil Price chart: Wh...
“spending hundreds and hundreds and hundreds of billions of dollars every year for oil, much of it from the Middle East, is just about the single stupidest thing that modern society could possibly do. It’s very difficult to think of anything more idiotic than that.” ...
The outlook for USOIL is bearish below the $73.48 threshold, suggesting that the commodity’s next move could be pivotal. Brent Oil Price Forecast UKOIL Price Chart UK Oil (UKOIL)registers a modest increase of 0.36%, trading at $78.29. The 4-hour chart reveals a pivot p...