oil demand

Oil prices eased on Friday as markets evaluated the impact of US interest rates staying higher for longer than anticipated, but crude benchmarks headed for their best week in more than two months after solid projections for crude and fuel…
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Global oil demand growth is expected to slow in the coming years as the world continues its energy transition journey, according to a new analysis. In its latest report, the International Energy Agency said that the world will witness an…
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The Organization of the Petroleum Exporting Countries on Thursday predicted robust fuel use in the summer months and stuck to its forecast for relatively strong growth in global oil demand in 2024, while saying there was a chance the world…
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The settling down of post-pandemic turbulence and a cloudy economic outlook will rein in oil demand growth this year, the International Energy Agency said on Thursday, even as shipping disruptions provide a short-term boost. “(Growth)…
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The Organization of the Petroleum Exporting Countries expects strong growth in global oil demand in 2024 and 2025 driven by robust economic activities in China. In its latest monthly report, the oil producers’ group said world oil demand…
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The The Organization of the Petroleum Exporting Countries on Thursday stuck to its forecast for relatively strong growth in global oil demand in 2023 in 2024, citing signs of a resilient world economy so far this year and expected further…
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Today, Thursday, the International Energy Agency announced that the oil market may turn into a surplus in 2022 if “OPEC +” continues to stop the cuts and the rest of the producers boost supplies. The International Energy Agency confirmed…
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