OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...
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 ...
Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term ...
World oil demand will reach a record 102.2 million barrels per day (bpd) in 2023, up 2.2 million bpd from last year, the International Energy Agency (IEA) forecast, driven by strong consumption in ...
Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on ...
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 ...
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 ...
(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 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.
The charts are created from data provided by ... delayed them to April 2025 because of lower-than-expected China/World oil demand. Production in the Remaining Countries had been slowly increasing ...
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 ...
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