Global oil markets are experiencing structural headwinds due to declining demand driven by a confluence of factors including ...

U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly ...

Chart made by Gail Tverberg in 2012 ... More recently, per-capita world oil consumption has been down, especially in 2020. Oil supply has not regained the 2004 to 2007 level, or even the 2018 ...

However, as economies reopened, oil demand rebounded sharply. Today, nearly five years after the pandemic, the world’s energy landscape is still adjusting to new realities. The post-pandemic oil ...

STORY: Global oil demand will grow much more slowly this year than expected. U.S. production increases will also taper off, due to U.S. President Trump’s tariffs on trading partners and their ...

cut the 2025 world oil demand growth forecast to 730k barrels per day (b/d) from 1.03 million b/d. Following the downbeat report, WTI remains 0.16% lower on the day near $61. (This story was ...

The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand would rise by 1.30 million barrels per day in 2025 and by 1.28 million bpd in 2026. Both forecasts ...

World oil demand rose by 990,000 barrels per day (bpd) in the first quarter of 2025. But the remainder of the year will see demand growth at just 650,000 bpd, the agency said in its closely ...

Global oil demand will rise more slowly for the remainder of 2025 due to economic headwinds combined with record sales of electric vehicles, the International Energy Agency (IEA) said on Thursday, as ...

LONDON, April 15 (Reuters) - Global oil demand will grow at its slowest rate for five years in 2025 and U.S. production rises will also taper off, due to U.S. President Donald Trump’s tariffs on ...