Solid demand in China, India, and Japan lifted global oil demand by 1.7 million barrels per day (bpd) in...
OilPrice.com | World Oil Demand Hit A 9-Month High In November
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Tag | Oil Demand
OilPrice.com | Andurand: Global Oil Demand Could Surge In 2023
Global oil demand could soar as much as 4% in the coming year if the world manages to fully emerge from Covid...
OilPrice.com | Razor-Thin Spare Capacity To Keep Oil Prices Elevated
The post-COVID rebound in economies and oil demand have left global spare oil production capacity at very low...
OilPrice.com | Will OPEC Cut Oil Output On Labor Day?
Saudi Arabia’s signal from two weeks ago that OPEC+ could decide to cut production at any time, in any form,...
OilPrice.com | How China Could Trigger The Next Sharp Selloff In Crude
If ever there had been a time when crude oil was going to reach the US$200-plus per barrel (pb) levels posted...
OilPrice.com | Exxon CEO Warns That Consumers Will Pay For Hasty Energy Transition
ExxonMobil expects all new cars sold two decades from now to be electric vehicles. But the U.S. supermajor also...
OilPrice.com | Is A Recession Really The Next Big Risk For Oil?
Crude oil is a notoriously inelastic commodity—whatever its price, consumption does not vary greatly. Yet per a...
OilPrice.com | China May No Longer Be A Pillar Of Growth For Global Oil Markets
After a relentless seven-month march, the oil price rally appears to be in danger of collapsing after oil...