OPEC Reserves

Essay specific features

 

Issue:

Business

 

Written by:

Michael C

 

Date added:

June 12, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 384

 

Was viewed:

4569 times

 

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Essay content:

That will average 87.80 million bpd, which is the same forecast as of last month's. Oil demand in the US was invulnerable for quite a while because of its slow economy and the high oil prices. US's oil demand fell by 3.5 percent that causes a loss of 0.7 million bpd. On the other hand, oil demand growth was visible in China, the Middle East and Asia during the summer...
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On the other hand, oil demand growth was visible in China, the Middle East and Asia during the summer. This oil demand growth added a value of 1.2 million bpd but it was still not enough to keep the OECD oil demand on track. The OPEC report has recently announced that the oil demand growth in the Middle East reached 0...
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