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In OPEC's June report, released today, the oil cartel doesn't see global demand changing much. It's sticking with its 0.9 million-barrels-per-day increase (1.1%) for the remainder of 2010. It ...
Global oil demand growth is expected to increase a little this year but slip in 2011, as fuel stockpiles surge and concern persists that world economic growth could falter, the International ...
Oil prices on Wednesday breached $90 a barrel, keeping gas prices near $3 per gallon as the U.S. petroleum inventory shrunk by about 1.5%. Oil for February delivery increased 14 cents to $90.62 a ...
U.S. oil production nearly doubled from 2008 levels, due to substantial improvements in shale "fracking" technology in response to record oil prices.The steady rise in additional output, mostly from North Dakota, West Texas, New Mexico, Oklahoma and several other US states eventually led to a plunge in U.S. oil import requirements and a record high volume of worldwide oil inventories in storage.
The 2000s commodities boom, commodities super cycle [1] or China boom was the rise of many physical commodity prices (such as those of food, oil, metals, chemicals and fuels) during the early 21st century (2000–2014), [2] following the Great Commodities Depression of the 1980s and 1990s.
Supply chain as connected supply and demand curves. In microeconomics, supply and demand is an economic model of price determination in a market.It postulates that, holding all else equal, the unit price for a particular good or other traded item in a perfectly competitive market, will vary until it settles at the market-clearing price, where the quantity demanded equals the quantity supplied ...
Investors perplexed by the market's anxiety over slower global economic growth should look no farther than the Baltic Dry Index, a closely watched measure of worldwide industrial demand. The index ...
In November 2010, unseasonal and excessive rainfall in onion-producing regions such as Nashik in Maharashtra delayed the arrival of onions in markets. [4] In December, when fresh crop usually begins to arrive, onion shipments were reduced from 2000 to 3000 tons a day to 700-800 tons a day in New Delhi markets, [ 5 ] raising the price of onion ...