Official: Global demand for oil to rise to 20 mln bbl till 2043 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Official: Global demand for oil to rise to 20 mln bbl till 2043

DAVOS, Jan 25 (PRIME) -- Global demand for crude is to increase by 20 million barrels in the next 25 years, Minister of Energy, Industry and Mineral Resources of Saudi Arabia Khalid Al-Falih said at the World Economic Forum late on Wednesday.

УI would like to remind you that in 2014, 2015 and 2016 the world lost more than U.S. $1 trillion of investment in the oil industryЕ That is why joint efforts to rebalance the market have been made. This is the first result, investment increased 6% in 2017 for the first time,Ф he said.

The International Energy Agency earlier projected demand to rise 12% to 104.9 barrels per day until 2040.

RussiaТs Energy Minister Alexander Novak said in an interview with Rossiya 24 television channel that investment in the worldТs oil and gas sector will add 10% on the year in 2018.

End

25.01.2018 08:44
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 75.3218 +0.4196 20 nov
USD 66.0081 +0.0150 20 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1135.71 +0.07 18:50 19 nov
micex 2373.78 +0.05 18:50 19 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 154.30 +0.74 17:21 19 nov
lkoh 4856.00 +0.66 17:21 19 nov
rosn 424.50 +0.87 17:21 19 nov
sber 199.80 +0.27 17:21 19 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 75.2500 +0.3475 14:59 19 nov
USDTD 65.9250 +0.2025 17:44 19 nov