Now is a good time to examine the drivers of crude oil markets in six charts. On net ... with a potential spike in global demand. The net effect of all of these factors is: (1) reduced global ...

US storage and distribution firm Global Partners (NYSE ... OPEC monthly report was surprisingly backed up by the IEA’s oil demand growth hikes as the international agency lifted both its 2023 ...

[Stay on top of transportation news: Get TTNews in your inbox.] Global oil demand growth will slow during the remainder of 2025 after a robust first quarter due to “economic headwinds,” the ...

"Signs of a slowdown in global oil demand growth may already be emerging," the IEA said, adding that economic headwinds combined with record sales of electric vehicles (EVs) are dampening demand.

Global oil and gas demand remains uncertain as trade war impacts and inflation conflict with stable economic growth and rising fuel demand. That’s what BMI analysts stated in a BMI report sent ...

for future oil consumption are adding pressure to ... Here are five notable charts to consider in global commodity markets as the week gets underway.

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 ...

World oil demand in 2040 is expected to be on par with the current level as growing oil use in the next few years should be offset by declining consumption through late 2030s, global oil trader ...

Morgan Stanley cuts 2024 global oil demand growth forecast to 1.1 mbpd, citing China's economic slowdown and rising EV adoption. Brent price forecast lowered to $80 per barrel for Q4 2024 ...

LONDON (Reuters) -OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data received for the first quarter and trade tariffs ...

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 ...