Oil Demand - News, Trends, Oil Demand Links

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Oil Exploration and Consumption - 50 years earlier and now

Fifty years ago, the world used about four billion barrels of oil a year, and the average new oilfield discovery was around 30 billion barrels. Today, those numbers are roughly reversed. The last really big (30 billion barrel) find was Mexico's Cantarell field, way back in 1976. - Read More

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