All of a sudden, 'rocks and trees' are hot again

Article Abstract:

China became a massive economic furnace gobbling down all the world's crude oil and other natural resources, so the demand for any raw material like nickel, steel copper, crude oil, and aluminium has increased. However, the demand has resulted in rising of commodity prices especially crude oil as it has direct impact on consumer s.

China, Economic aspects, Raw materials

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Trying to quench India's growing thirst of all things oil

Article Abstract:

India's daily consumption of oil is 2.4 million barrels, which can reach to 5.6 billion barrels by 2030. More than 75 percent of oil needs is imported from other countries. The country also suffers from high oil prices.

Sales & consumption, Commodity & service prices, India, Imports, Use of energy, Prices and rates, Energy use, Company pricing policy, Consumption data

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How's this for contrarian: world now facing oil glut

Article Abstract:

As per the report released by Cambridge Energy Research Associates Inc., the world is soon going to be left with surplus stock of oil. The report foresees increase in oil production by almost 20 percent.

United States, Reports, Petroleum reserves, Petroleum survey services, Cambridge Energy Research Associates

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