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Rising global oil production likely to overtake demand in 2018: IEA

Oil demand grew at a rate of 1.6 million bpd in 2017, the IEA said in its monthly market report.....»»

Category: topSource: business-standardFeb 13th, 2018

Surge in global oil supply may overtake demand in 2018: IEA

LONDON (Reuters) - The rise in global oil production, led by the United States, is likely to outpace growth in demand this year, the International Energy Agency said on Tuesday......»»

Category: topSource: reutersFeb 13th, 2018

Surge in global oil supply may overtake demand in 2018 - IEA

The rise in global oil production, led by the United States, is likely to outpace growth in demand this year, the International Energy Agency said on Tuesday......»»

Category: topSource: foxnewsFeb 13th, 2018

Deere (DE) Q1 Earnings Beat on Rising Demand, View Upbeat

Deere (DE) anticipates to gain from global economic growth, and improved oil and gas sector in fiscal 2018. Deere & Company DE reported first-quarte.....»»

Category: smallbizSource: nytFeb 16th, 2018

OPEC Lifts 2018 Oil Demand Total to 98.51 Million Barrels a Day

OPEC has raised its estimates of global oil demand for both 2017 and 2018. U.S. production in 2018 is forecast to rise by 1.15 million barrels a day......»»

Category: blogSource: 247wallstJan 18th, 2018

Global diamond wire demand rising

Global demand for diamond wire used to slice solar ingots and sapphire ingots is expected to continue growing in 2018, according to China-based research organizations......»»

Category: topSource: digitimesJan 15th, 2018

Oil tops $70 a barrel for the first time in 3 years

Oil topped $70 a barrel in London for the first time in three years as production cuts by OPEC and rising demand whittle away a global surplus......»»

Category: topSource: moneycentralJan 11th, 2018

Oil tops $70 a barrel for the first time in 3 years

Oil topped $70 a barrel in London for the first time in three years as production cuts by OPEC and rising demand whittle away a global surplus......»»

Category: topSource: moneycentralJan 11th, 2018

OPEC Reports 151Kbpd Drop In October Crude Output; Raises Demand Forecast For 2018

True to its perpetually optimistic form, OPEC, which only last week for the first time conceded the threat posed by rising US shale production... ... sharply raised its demand forecast for cartel oil in 2018, ahead of a key m.....»»

Category: blogSource: zerohedgeNov 13th, 2017

Chimei Materials to set up new polarizer line in China

Polarizer supplier Chimei Materials Technology plans to set up a second production line at its plant in Kunshan, China in 2018 in order to cope with rising demand from flat panel makers in the country......»»

Category: topSource: digitimesOct 3rd, 2017

IEA says strong oil demand growth helping market rebalance

World oil demand will grow more than expected this year, helping to ease a global glut despite rising production from North America and weak OPEC compliance with output cuts......»»

Category: topSource: foxnewsAug 11th, 2017

Opec sees higher 2018 oil demand, but raises output again

Due to rising global consumption and slower supply growth from rivals.....»»

Category: topSource: business-standardAug 10th, 2017

Oil prices dip 5% as Opec"s production cuts fall short of expectations

The cuts haven't resulted in desired goals amid rising US shale production, weak global demand.....»»

Category: topSource: business-standardMay 25th, 2017

IEA: Oil Market Could Tilt into Deficit in H1 if OPEC Sticks to Cuts

Global oil inventories rose for the first time in January as the market grappled with a swell in production last year, but if OPEC maintains its output cuts, demand should overtake supply in the first half of this year, the .....»»

Category: topSource: marketpulseMar 15th, 2017

Robusta coffee exports face global price pressure despite rising demand

The predicted prices are apparently below the cost of production in Chennai.....»»

Category: topSource: business-standardDec 28th, 2016

Rising Oil Import Costs May Become Asia’s Growing Pain

Supply and demand shifts could cause a surge in oil prices. A widening gap between Asia’s oil production and demand is creating a growing capital drain for the region and leaving countries vulnerable to global supply disruptions and a sudden sur.....»»

Category: europeSource: fortuneSep 4th, 2016

Customs duty hikes in Budget to hit demand in 2018, says LG India MD

The market in India is big enough and many large global players are already present here. But manufacturing is still confined to assembly, says Kim Ki Wan.....»»

Category: topSource: business-standardFeb 15th, 2018

History could be repeating itself in the oil market

Thomson Reuters The total global oil supply is expected to spike soon. U.S. shale production is a huge driver behind that supply potential.  Ultimately, if demand is strong, oil prices won't falter. If demand weakens, watch out. .....»»

Category: topSource: businessinsiderFeb 14th, 2018

Will Russia & OPEC"s Production Curb Continue?

Rising shale production and dwindling inventories make it difficult for OPEC and its allies to comply with the oil production curtail deal. On Feb 1, 2018, Goldman Sachs GS predicted that th.....»»

Category: worldSource: nytFeb 13th, 2018

Light guide plate maker GLT expects revenues to rise in 2018

Light guide plate (LGP) maker Global Lighting Technologies (GLT) expects both of its revenues and profits to grow significantly in 2018, buoyed by increased production capacity, according to company chairman Lee Mang-Shiang......»»

Category: topSource: digitimesFeb 12th, 2018

Nuvoton to see rising demand for wireless charging MCUs

Taiwan-based MCU supplier Nuvoton Technology is ready to cash in on the growing market demand for wireless charging microcontroller units (MCUs) in 2018 as it is capable of offering multi-coil MCUs ranging in power specs fr.....»»

Category: topSource: digitimesFeb 6th, 2018