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Oil and Fuel Markets: A year in review and the view ahead

机译:石油和燃料市场:一年回顾及未来展望

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摘要

The biggest oil and fuel market story of 2014 was the 30+ percent decline in global crude oil prices experienced in the second half of the year. West Texas Intermediate (WTI) spot prices fell from just under $110 to $74 per barrel-a level not seen since the global recession cut a whopping 6 percent from global consumption back in 2009. This price decline has come largely at the hands of surging U.S. oil production and the fact that global demand has lagged due to significant deceleration in the growth rate of Chinese demand.
机译:2014年最大的石油和燃料市场故事是下半年全球原油价格下跌了30%以上。西德克萨斯中质原油(WTI)的现货价格从每桶110美元以下跌至74美元,这是自2009年全球经济衰退使全球消费减少了6%以来从未见过的水平。石油生产以及全球需求滞后的事实,这是因为中国需求的增长率大幅下降。

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