Evaluate Energy

World Refinery Additions Lagging Behind Oil Demand Growth

A total of 1.41 million b/d of crude distillation capacity will come onstream during 2010, falling well short of the IEA’s expected increase in total world demand of 1.9 million b/d this year, according to a new analysis by Evaluate Energy. What’s more, the new capacity is not always... - September 08, 2010