Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term ...

The early signs are promising, hinting that this upward momentum will carry into February', analysts at J.P. Morgan said.

Crude oil price rallied to a 12-week high on Monday amid renewed hopes over the commodity’s demand in the new year. While it ...

In its long-term oil demand outlook, Vitol said Monday that global oil demand could reach almost 110 million b/d at the end of 2030 and is likely to remain at that level until it begins to decline ...

Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on ...

The International Energy Agency anticipates an acceleration in global oil-demand growth this year, but still expects the market to be in surplus. The Paris-based organization forecasts global ...

The Paris-based agency said it expects global oil demand to grow by 1.05 million barrels per day versus the 1.1 million B/D it forecast last month. Brent crude futures are flat at $80.01 a barrel ...

OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely driven by strong non-OECD (Organization for Economic Co-operation and ...

Saudi Aramco, the world’s largest oil exporter, expects global oil demand to grow by a steady 1.3 million barrels per day (bpd) this year compared to 2024, the chief executive of the biggest oil ...

China is still driving growth in global oil demand, the head of Saudi Aramco said, dismissing concerns about peaking consumption in the world’s biggest energy user. “We still see good demand c ...

5-1 mb/d of Russian oil from the market this year, it may have the effect of exposing the market tightness that is already prevalent as shown in the EIA global supply/demand chart. It will provide ...