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Demand [for oil]

The total demand of oil in a country includes the volume of oil required to supply all final consumers, energy transformation units (including refineries), energy producers within the country and to provide all the national and foreign customers with fuels which they will use in international navigation and aviation (e.g. international aviation, marine bunkers, fishing etc.). Total oil demand also includes volumes of crude oil, natural gas liquid and other hydrocarbons which are used directly without being processed in petroleum refineries (direct use). It concerns mainly oil which can be used unprocessed by power plants to generate electricity and heat....

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by Yue Pan // 11 November, 2015

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