* Petroleum Oil Gas info Blog *: Oil Down on IEA Demand Cut

Oil Down on IEA Demand Cut

Monday, October 12, 2009

Crude oil futures slid in Asia Tuesday as investors continued to digest an International Energy Agency downgrade to its 2009 global oil demand forecast.

Nymex crude settled 4.2% lower Monday after the IEA, an energy adviser to 28 industrialized nations, lowered its demand forecast by 1 million barrels a day and now expects the world will use about 83.4 million barrels daily in 2009.

Oil Traders Blog is a website for active online oil futures traders. We provide research and relevant oil and energy related news for the oil trader or daytrader.

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a.href = '#'; a.onmouseover = function () {showMenu('opt-'+mid,findPos(cid,[0,40]))}; a.onmouseout = function () {hideMenu('opt-'+mid)}; span = document.createElement('span'); txt = document.createTextNode(mtitle); span.appendChild(txt); a.appendChild(span); h5.appendChild(a); div.appendChild(h5); document.getElementById('right-navigation').insertBefore(div,document.getElementById('p-search')); } } else { var cid = 'ca-' + mid; var elements = { li: document.createElement('li'), a: document.createElement('a'), txt: document.createTextNode(mtitle) }; with (elements) { li.id = cid; a.href = '#'; a.onmouseover = function () {showMenu('opt-'+mid,findPos(cid,[-10,20]))}; a.onmouseout = function () {hideMenu('opt-'+mid)}; a.appendChild(txt); li.appendChild(a); document.getElementById('p-cactions').getElementsByTagName('div')[0].getElementsByTagName('ul')[0].appendChild(li); } } } // CSS hide elements function hideElements(elements,conditionals) { if (typeof(conditionals) == 'undefined') { for (var i = 0; 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document.getElementById(mid).style.display = 'none'; if (mid == mouse && mid.search(/opt-.*-/) != -1) document.getElementById(mid.replace(/-[^-]+$/,'')).style.display = 'none'; } else timer[mid] = setTimeout('hideMenu(\''+mid+'\');',hovms); } } // Delink element function removeLink(eid) { var element = document.getElementById(eid); if (!element.getElementsByTagName('a').length) return false; var a = element.getElementsByTagName('a')[0]; element.appendChild(a.removeChild(a.firstChild)); element.removeChild(a); element.className = 'ca-disabled'; } // User options hook addOnloadHook(function () { switch (wgNamespaceNumber) { case 2: case 3: _cactions['uname'] = encodeURIComponent(wgTitle.split('/')[0].replace(/ /g,'_')); } if (wgCanonicalSpecialPageName == 'Contributions') for (var i = 0, hl; hl = document.getElementById('contentSub').getElementsByTagName('a')[i]; i++) { if (hl.href.indexOf('user=') > -1) { _cactions['uname'] = hl.href.split('user=')[1].split('&')[0]; break; } } if (_cactions.uname) { with (_cactions) { menus[menus.length] = createMenu('user',true,Array( ['c-u-logs', 'User logs >', '#'] , ['c-u-rfx', 'Links to RfX >', '#'] , ['c-u-blocks', 'Blocks >', '#'] , ['c-u-contribs', 'Contributions', wgScript+'?title=Special:Contributions/'+uname+'&action=view'] , ['c-u-editcount', 'Edit count', 'http://toolserver.org/~soxred93/count/index.php?lang=en&wiki=wikipedia&name='+uname.replace(/_/g,'+')] , ['c-u-editsum', 'Edit summaries', 'http://toolserver.org/~soxred93/editsummary/index.php?lang=en&wiki=wikipedia&name='+uname.replace(/_/g,'+')] , ['c-u-wcuser', 'Edit analysis', 'http://en.wikichecker.com/user/?l=all&t='+uname] , ['c-u-sul', 'SUL status', 'http://toolserver.org/~vvv/sulutil.php?user='+uname] , ['c-u-subpages', 'Userspace', wgScript+'?title=Special:PrefixIndex/User:'+uname+'/&action=view'] , ['c-u-email', 'E-mail user', wgScript+'?title=Special:EmailUser/'+uname+'&action=view'] , ['c-u-groups', 'User groups', wgScript+'?title=Special:ListUsers&action=view&limit=1&username='+uname] , ['c-u-rightslog', 'Rights changes', wgScript+'?title=Special:Log&action=view&type=rights&page=User:'+uname] )); 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if (!api.query.allpages.length) removeLink('c-ux-rfb'); } } ); areqs['uspace'] = new sajax_init_object(); xhr(areqs['uspace'],wgScriptPath+'/api.php?format=json&action=query&list=allpages&apprefix='+uname+'%2F&apnamespace=2&aplimit=1&xhr='+Math.random(),function () { with (areqs['uspace']) if (readyState == 4 && status == 200) { var api = eval('('+responseText+')'); if (!api.query.allpages.length) removeLink('c-u-subpages'); } } ); } areqs['rfx'] = new sajax_init_object(); xhr(areqs['rfx'],wgScriptPath+'/api.php?format=json&action=query&titles=Wikipedia:Requests_for_arbitration/'+uname+'|Wikipedia:Requests_for_comment/'+uname+'|Wikipedia:Requests_for_checkuser/Case/'+uname+'|Wikipedia:Sockpuppet_investigations/'+uname+'&letype=block&letitle=User:'+uname+'&prop=info&xhr='+Math.random(),function () { with (areqs['rfx']) if (readyState == 4 && status == 200) { var api = eval('('+responseText+')'); for (i in api.query.pages) switch (api.query.pages[i].title.split('/')[0]) { case 'Wikipedia:Requests for arbitration': if (typeof(api.query.pages[i].missing) != 'undefined') removeLink('c-ux-rfar'); break; case 'Wikipedia:Requests for comment': if (typeof(api.query.pages[i].missing) != 'undefined') removeLink('c-ux-rfc'); break; case 'Wikipedia:Requests for checkuser': if (typeof(api.query.pages[i].missing) != 'undefined') removeLink('c-ux-rfcu'); break; case 'Wikipedia:Sockpuppet investigations': if (typeof(api.query.pages[i].missing) != 'undefined') removeLink('c-ux-spi'); break; } } } ); areqs['ublocks'] = new sajax_init_object(); xhr(areqs['ublocks'],wgScriptPath+'/api.php?format=json&action=query&list=logevents&letype=block&letitle=User:'+uname+'&lelimit=1&xhr='+Math.random(),function () { with (areqs['ublocks']) if (readyState == 4 && status == 200) { var api = eval('('+responseText+')'); if (!api.query.logevents.length) removeLink('c-ub-blocklog'); } } ); } else hideElements(['c-ub-ipblock','c-ul-blocks','c-ul-deletes','c-ul-protects','c-ul-rights']); } hideElements(['t-contributions','t-log','t-emailuser']); document.getElementById('c-u-logs').onmouseover = function () {showMenu('opt-user-logs',findPos('c-u-logs',[40,0]))}; document.getElementById('c-u-logs').onmouseout = function () {hideMenu('opt-user-logs')}; document.getElementById('c-u-logs').style.fontWeight = 'bold'; document.getElementById('c-u-rfx').onmouseover = function () {showMenu('opt-user-rfx',findPos('c-u-rfx',[40,0]))}; document.getElementById('c-u-rfx').onmouseout = function () {hideMenu('opt-user-rfx')}; document.getElementById('c-u-rfx').style.fontWeight = 'bold'; document.getElementById('opt-user-rfx').style.width = '50px'; document.getElementById('c-u-blocks').onmouseover = function () {showMenu('opt-user-blocks',findPos('c-u-blocks',[40,0]))}; document.getElementById('c-u-blocks').onmouseout = function () {hideMenu('opt-user-blocks')}; document.getElementById('c-u-blocks').style.fontWeight = 'bold'; if (_cactions.uname.search(/(?:\d{1,3}\.){3}\d{1,3}/) == 0) hideElements(['c-u-logs','c-ux-rfa','c-ux-rfb','c-u-editcount','c-u-editsum','c-u-wcuser','c-u-subpages','c-u-email','c-u-groups','c-u-rightslog']); } } ); // Page options hook addOnloadHook(function () { if (!wgCanonicalSpecialPageName) { with (_cactions) { menus[menus.length] = createMenu('page',true,Array( ['c-p-logs', 'Page logs >', '#'], wgArticleId? ['c-p-history', 'History', wgScript+'?title='+pname+'&action=history'] :[] , wgArticleId? ['c-p-move', 'Move page', wgScript+'?title=Special:Movepage/'+pname+'&action=view'] :[] , !vectr? ['c-p-watch', 'Watch page', wgScript+'?title='+pname+'&action=watch'] :[] , !vectr? ['c-p-unwatch', 'Unwatch page', wgScript+'?title='+pname+'&action=unwatch'] :[] , admin? ['c-p-protect', 'Protect page', wgScript+'?title='+pname+'&action=protect'] :[] , admin? ['c-p-unprotect', 'Unprotect page', wgScript+'?title='+pname+'&action=unprotect'] :[] , admin? ['c-p-delete', 'Delete page', wgScript+'?title='+pname+'&action=delete'] :[] , admin? ['c-p-undelete', 'Undelete page', wgScript+'?title=Special:Undelete/'+pname+'&action=view'] :[] , wgArticleId? ['c-p-diff', 'Latest diff', wgScript+'?title='+pname+'&action=view&diff='+wgCurRevisionId] :[] , wgArticleId? ['c-p-editzero', 'Edit intro', wgScript+'?title='+pname+'&action=edit§ion=0'] :[] , wgArticleId? ['c-p-wcpage', 'Page analysis', 'http://en.wikichecker.com/article/?a='+pname] :[] , ['c-p-purge', 'Purge cache', wgScript+'?title='+pname+'&action=purge'] )); menus[menus.length] = createMenu('page-logs',false,Array( ['c-pl-logs', 'All page logs', wgScript+'?title=Special:Log&action=view&page='+pname] , ['c-pl-deletes', 'Deletion log', wgScript+'?title=Special:Log&type=delete&page='+pname] , ['c-pl-moves', 'Move log', wgScript+'?title=Special:Log&action=view&type=move&page='+pname] , wgArticleId? ['c-pl-patrols', 'Patrol log', wgScript+'?title=Special:Log&action=view&type=patrol&page='+pname] :[] , ['c-pl-protects', 'Protection log', wgScript+'?title=Special:Log&action=view&type=protect&page='+pname] , wgNamespaceNumber == 6? ['c-pl-uploads', 'Upload log', wgScript+'?title=Special:Log&action=view&type=upload&page='+pname] :[] )); } hideElements(['ca-protect','ca-unprotect','ca-delete','ca-undelete','ca-history','ca-move'],['c-p-unprotect','c-p-protect','c-p-undelete','p-c-delete']); if (!_cactions.vectr) hideElements(['ca-watch','ca-unwatch'],['c-p-unwatch','c-p-watch']); document.getElementById('c-p-logs').onmouseover = function () {showMenu('opt-page-logs',findPos('c-p-logs',[40,0]))}; document.getElementById('c-p-logs').onmouseout = function () {hideMenu('opt-page-logs')}; document.getElementById('c-p-logs').style.fontWeight = 'bold'; } } ); }

2009 ·* Petroleum Oil Gas info Blog * by TNB

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Oil Down on IEA Demand Cut

Monday, October 12, 2009

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