Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term ...
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 ...
World oil demand is now expected to grow by 920,000 barrels a day this year, compared with the IEA's prior growth outlook of a figure "just shy" of 900,000 barrels.
Chart above shows the significant difference between EIA STEO forecast for World Oil demand from 2024 to 2026 compared with the OPEC forecast which is 1.5 Mb/d higher in 2026 and 1.1 Mb/d higher ...
Global demand for oil will not fall until at least 2040, according to a new forecast by the world’s largest independent energy trader, in the latest signal that economies will struggle to break ...
LONDON, Jan 15 (Reuters) - OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for 2024 for a sixth time, following economic ...
(Bloomberg) -- OPEC forecast another year of steady oil demand growth, driven by India and China, in its first detailed assessment of 2026. World oil consumption will increase by a “robust” 1. ...
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 ...
Demand growth in 2024 was assessed at 940,000 barrels a day, higher than the agency’s latest estimate of 840,000 barrels a day. “World oil demand recovered some momentum in 4Q,” the IEA said.
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 ...
Vitol, a major oil trader, forecasts that global oil demand will remain steady for the next 15 years, defying predictions of ...