Global oil demand is expected to increase by 1.5% in 2007

According to a report released by global investment companies, global oil demand will increase by 1.5% in 2007, an increase of 1.2 million barrels per day to 85.37 million barrels per day. The rising demand in China and the Middle East is the main reason for the increase in demand. China and the Middle East are expected to increase. The regional demand increased by 600,000 barrels/day and 350,000 barrels/day respectively. In 2006, the global oil demand was 84.13 million barrels/day. In 2006, the global crude oil demand was greatly affected by climate warming.

In 2006, OPEC crude oil production was 30.9 million barrels per day, which was a drop of 200,000 barrels per day compared to the same period of last year. In the third quarter of 2006, OPEC crude oil production reached a high point, with an average output of 31.1 million barrels per day, and in January 2007 it dropped to 2997. Millions of barrels. At present, the GCC countries are committed to expanding their crude oil production and refining capacity, and intend to privatize the hydrocarbon industry and allow foreign capital to enter. Non-OPEC countries’ oil production increased, mainly from North Africa and the former CIS countries, with output of 14.26 million barrels/day and 12.2 million barrels/day.

Storage Rack, Storage Shelf

It works in everywhere you place it. Placed in kitchen,  the shelving unit holds anything from canned goods and bulk items to pots and pans, stand mixers, dishes, and bowls. Placed in the warehouse or garage, the storage shelves can also be used to keep the messy stuff under control. The rack we sell is durable, because it's made from tough steel and the shelving unit offers the best rugged reliability.

Storage Rack

Cup Rack Holder,Hooks For Coffee Mugs,Metal Cup Holder,Coffee Mug Shelf

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