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

Demand from China and the rest of the world ensures its impact on diplomacy and markets, but there's no question its supremacy is waning China and the rest of the world remain thirsty for oil. That ...

Crude oil consumption in Africa is mainly focused on a few big economies, with Egypt, South Africa, and Nigeria leading the ...

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 ...

In early December 2024, hopes for a landmark global treaty to curb plastic pollution were dashed as negotiations in South ...

For next year, the agency projects world oil consumption growth at 990,000 barrels a day, which is said was "essentially unchanged." "The sub-1 (million-barrels-a-day) growth pace for both years ...

India's oil demand surged in January, exceeding expectations and further solidifying its position as the world's ...

Southeast Asia's unique cultural, climatic, and energy resource advantages may offer unexpected resilience in the face of ...

The United States is one of the world’s largest oil producers, producing enough crude oil for domestic consumption and ...

By Charles Ellinas The US Energy Information Administration has just published new forecasts for oil production, consumption and prices to the end of 2026 as shown in Figures 1 and 2 below. Clearly, ...

Malaysian crude palm oil (CPO) futures are expected to average higher in 2025 than last year, as top producer Indonesia ...