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IEA cut 2012 Global Oil Demand Forecast
The International Energy Agency cut its 2012 global oil demand forecast for a sixth month, citing a “darkening” economic outlook. Oil dropped from a three-week high as euro-area finance ministers refused to approve a rescue package for Greece, boosting concern that the European debt crisis will reduce fuel demand. Futures fell as much as 2.5 [...]
Friday, February 10th, 2012US Short Term Energy Outlook
Energy outlook, EIA expects the U.S. average refiner acquisition cost of crude oil to remain relatively flat, averaging about $100 per barrel in 2011 and 2012. The value of West Texas Intermediate (WTI) benchmark crude oil was about $11 per barrel below the U.S. refiner acquisition cost of crude oil in the third quarter of [...]
Wednesday, November 30th, 2011Biodiesel Forecast 2011 Decrease in Europe, 2020 Biodiesel Analysts 66 percent
Biodiesel forecast, European Biodiesel Board is reporting that the European Union biodiesel industry production forecasts are noting a 2011 decrease in output, the first since data has been gathered, down from 2010 figures of 9.57 million tons. The European Biodiesel Board reported that biodiesel generation in Europe in 2010 grew by 5.5 percent over 2009 [...]
Tuesday, October 25th, 2011