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Europe's oil demand continues to shrivel in 2013

2013-07-26 06:22:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: European oil demand fell further in the first half of 2013 despite glimmers of economic recovery, as modest German growth could not offset steep consumption declines in France, Italy and Spain, according to data compiled by Reuters. Unusually cold weather in April and May in large swathes of Europe boosted demand for heating fuels, but not enough to change what is seen as a grim reflection of the region's economic troubles, traders and analysts said. "With Europe there are no surprises, we...

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