Hacker News with Generative AI: Oil

CNPC: China Reaches Refined Oil Demand Peak (oilprice.com)
China, the world’s heavyweight oil consumer, has officially hit its peak. According to CNPC’s Economics & Technology Research Institute, the country’s refined oil consumption maxed out in 2023 at 399 million metric tons (roughly 8 million barrels per day) and is set to decline by 1.3% in 2024.
China, Oil, Energy, Economy
7 points by toomuchtodo 33 days ago | 2 comments
OPEC Makes Deepest Cut yet to 2024 World Oil Demand Forecast (bloomberg.com)
OPEC cut oil demand growth forecasts for this year and next for a fifth straight month, making its deepest reduction to the 2024 outlook so far after agreeing to extend its supply curbs.
Oil, Economics, OPEC, Energy, Forecasting
3 points by toomuchtodo 37 days ago | 2 comments
Blue whale skeleton at New Bedford museum still oozing oil (wpri.com)
Those who have stopped by the New Bedford Whaling Museum have more than likely marveled over the 66-foot whale skeleton hanging from the ceiling.
Museums, Animals, Oil, History
202 points by geox 92 days ago | 78 comments
Kuwait Is Awash in Oil Money. But It Can't Keep the Power On. (nytimes.com)
Kuwait, perched atop around 6 percent of global oil reserves, is one of the world’s wealthiest states and a major energy exporter.
Kuwait, Energy, Oil, Economics
11 points by bookofjoe 128 days ago | 1 comments
Is China's Demand for Oil Nearing Its Peak? (oilprice.com)
China, Oil, Energy, Demand
6 points by toomuchtodo 146 days ago | 1 comments
Hungary facing fuel crisis as Ukraine turns up heat on Russian oil supplies (politico.eu)
Hungary, Ukraine, Oil, Energy Crisis, International Relations
15 points by wslh 182 days ago | 0 comments
One South African community stopped Shell oil in its tracks (e360.yale.edu)
Oil, Environmental Activism, South Africa
50 points by botanical 260 days ago | 10 comments
Monopoly Round-up: did Texas join OPEC? (thebignewsletter.com)
Monopoly, Economics, Oil, OPEC
10 points by xrd 265 days ago | 1 comments