Sentence examples for crude demand from inspiring English sources

That would be the first time that crude demand had fallen for two consecutive years since the early 1980s.

That would mark the first time since the early 1980s that crude demand will have fallen for two consecutive years.

Market analysts in Riyadh point out widespread petrol subsidies in China, India, and the Middle East ensure price feedback mechanisms are broken; they therefore predict crude demand will continue to rise there.

China is the world's largest oil importer and there are fears of lower crude demand in the country in the second half of the year when global oil supply is expected to rise even further.

The U.S. dollar was slightly higher against the yen and the euro while oil fell on expectations a frigid cold spell in parts of the United States, Europe and Asia will ease in coming weeks, weakening crude demand.

But he said single use plastics were only about 15% of all non-combusted oil, which is used for petrochemicals, an industry that BP expects to be a big driver of global growth in crude demand.

"As crude oil demand increases, the overall domestic supplies of crude oil are declining".

-- Oil exports up: Crude oil demand from the United States is up for the second year in a row since lawmakers lifted a 40-year-old ban on oil exports, according to the U.S. Energy Information Administration.

These numbers go up and down depending on global crude oil demand, as well as oil prices and lifting costs -- which is how much it costs to pull a barrel of crude oil out of the earth in the US compared to what it costs to do so in Brazil or West Africa, for example.

The OPEC Secretary General also said he expects crude oil demand to grow in the foreseeable future with oil and gas dominating the energy market until 2040.

Mr. Naimi said this additional capacity would be used only "if and when crude oil demand levels warrant their development".