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Keywords: oil demand
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Journal Articles
J Pet Technol 73 (08): 8.
Paper Number: SPE-0821-0008-JPT
Published: 01 August 2021
...Pam Boschee Forecasts for oil demand are looking up, according to OPEC and the International Energy Agency as of mid-July. Will the optimistic views prove to be on target? We have learned how the market can shift or wildly careen, both historically and in the very recent past. Looking...
Journal Articles
J Pet Technol 73 (06): 10–11.
Paper Number: SPE-0621-0010-JPT
Published: 01 June 2021
... to 6% per year, arguably higher in recent years. The treadmill for new supply has been running hot for decades. All major public forecasts in the past year call for oil demand to plateau between now and about 2030 when accounting for ongoing changes to policy. (To be clear, some show a peak...
Journal Articles
J Pet Technol 72 (05): 25–29.
Paper Number: SPE-0520-0025-JPT
Published: 01 May 2020
.... As this article goes to press, the flooding of the world’s total oil production with an estimated extra 2.5 million B/D looms, leading toward one of the biggest oil supply gluts the world has ever seen. Rystad Energy predicts that the negative impact of COVID-19 on oil demand could amount to between 12 million...
Journal Articles
J Pet Technol 69 (09): 43–45.
Paper Number: SPE-0917-0043-JPT
Published: 01 September 2017
... for noncombusted oil use—particularly in the petrochemicals industry—will become the chief driver of oil demand growth. Specifically, over the outlook period of 2017–2035, the growth in transport demand will decelerate from 1 million B/D per year to 0.4 million B/D per year and level off, while the demand...
Journal Articles
J Pet Technol 69 (05): 12.
Paper Number: SPE-0517-0012-JPT
Published: 01 May 2017
...John Donnelly Editor's column Momentum is building for what is being called the “peak demand” theory—that before too long global oil demand will begin to fall as transportation efficiency, innovations such as electric cars, and government climate change policies will quell the rising consumption...
Journal Articles
J Pet Technol 61 (08): 16–17.
Paper Number: SPE-0809-0016-JPT
Published: 01 August 2009
... oil professionals. The industry discovered that it had been operating at a production capacity plateau for several years and no longer can provide the supply elasticity required by global oil demand given the cost and complexity of the oil-supply chain. The oil price surge that started in 2003...
Journal Articles
J Pet Technol 58 (02): 50–54.
Paper Number: SPE-0206-0050-JPT
Published: 01 February 2006
... iptc tackle technology al olom Qatar Petroleum gas monetization Qatar oil demand reservoir BOPD service company Yergin human resource challenge India 50 JPT FEBRUARY 2006 The first-ever International Petroleum Technology Conference (IPTC) brought together a host of leading energy...
Journal Articles
J Pet Technol 57 (02): 12.
Paper Number: SPE-0205-0012-JPT
Published: 01 February 2005
... conocophillips energy supply consultant upstream oil & gas oil demand complex reservoir hydrocarbon tillerson halliburton energy service bitumen georgeann bilich oil sand demand growth 12 FEBRUARY 2005 Comments John Donnelly, JPT Editor jdonnelly@spe.org Though intensely competitive...
Journal Articles
J Pet Technol 56 (02): 14.
Paper Number: SPE-0204-0014-JPT
Published: 01 February 2004
... service inc oil price siberia bopd georgeann bilich oil demand 14 FEBRUARY 2004 Comments John Donnelly, JPT Editor jdonnelly@spe.org Russia was one of the big oil stories of last year, from megamerger deals with political implications to increased investment by foreign firms to ris- ing prices...
Journal Articles
J Pet Technol 55 (12): 12.
Paper Number: SPE-1203-0012-JPT
Published: 01 December 2003
...John Donnelly Editor's column - No abstract available. 1 12 2003 1 12 2003 1 12 2003 1 12 2003 2003. Society of Petroleum Engineers technology inc schlumberger georgeann bilich gas production oil demand houston iea upstream oil & gas gas monetization...
Journal Articles
J Pet Technol 53 (06): 12.
Paper Number: SPE-0601-0012-JPT
Published: 01 June 2001
... than a decade. Some of the findings of the study include: The U.S. must adopt new conservation measures such as improved vehicle fuel efficiency. Light-truck vehicles such as sport-utility vehicles should be required to have the same fuel efficiency as automobiles, thereby reducing U.S. oil demand...
Journal Articles
J Pet Technol 53 (01): 8.
Paper Number: SPE-0101-0008-JPT
Published: 01 January 2001
... that the demand for crude oil will rise to 41 million B/D by 2020, an increase of 2.1% a year. Transportation fuels will be the big driver in this demand growth. In its annual energy forecast, the department s Energy Information Administration says that global oil demand is expected to jump to 117.4 million B/D...
Journal Articles
J Pet Technol 51 (03): 12.
Paper Number: SPE-0399-0012-JPT
Published: 01 March 1999
... beginning in late 1997 led to a severe slowdown in world oil-demand growth. Instead of growing by an anticipated 1 million B/D in 1998, daily Asian demand declined by almost 0.5 million bbl. This occurred as additional supplies were coming to market. The supply/demand imbalance is reflected in the following...
Journal Articles
J Pet Technol 29 (07): 771–775.
Paper Number: SPE-6110-PA
Published: 01 July 1977
... in energy matters to rearranging the furniture on the deck of the doomed Titanic. U.S. Petroleum Situation As Fig. 1 indicates, petroleum has met and will continue to meet the major portion of our energy needs. In 1960, oil demand of 9.8 million B/D accounted for more than 44 percent of total energy demand...

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