Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
Energy is rocketing up the global agenda, driven by political tensions, the climate change debate and persistently tight oil supplies as output struggles to pace rising demand - a situation clearly reflected by barrel prices soaring past $100 and persisting. While there are signs of appetite moderating among a growing number of OECD nations, especially in Europe and the US, oil demand is growing vigorously in others, notably China, India and, largely overlooked, the Middle East itself where economic diversification is now advancing rapidly.
Estimates suggest that the countries responsible for 37% of overall consumption of oil account for 80% of the growth in demand. In the case of the Middle East, this means that countries like Saudi Arabia no longer export almost every barrel of oil they produce-they are becoming substantial consumers as well.
China and India are quickly becoming large consumer bases that will only continue to grow, as India begins to see affordable automobiles.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
New Delhi - January 11-14
Muscat - January 26-29
Bogota - January 28-29
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.