Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...

To wit, StanChart has noted that global oil demand remains robust ... Meanwhile, the OPEC Secretariat forecast (not shown on the chart) remains unchanged at 2.25 million barrels per day since ...

Record capital is flowing into energy despite lots of geopolitical tension and economic uncertainty, but the picture varies ...

a dynamic confirmed by global manufacturing PMIs below. In terms of the US, oil demand has been robust but not outstanding. The below chart shows implied demand for the three primary refined ...

[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 ...

With Saudi Arabia and its allies intentionally reducing supplies, the global oil market is tightening significantly. IEA attributes the surge in oil demand to factors like robust summer air travel ...

Despite war and ongoing geopolitical tensions in the Middle East and Europe, the United States is not in an energy crisis.

Global oil demand growth slowed to its weakest in more than a year last quarter as the post-pandemic rebound in China fades, the International Energy Agency said. World consumption increased by ...

OPEC trimmed its forecasts for oil demand growth this year and next for a third consecutive month as the group belatedly recognizes a slowdown in global fuel use. Global oil consumption will ...

LONDON (Reuters) - The International Energy Agency (IEA) on Thursday said that economic headwinds, combined with record sales of electric vehicles (EV), will reduce global oil demand growth to ...

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 ...