Oil demand

Crude Oil
IEA Sees Higher Oil Demand This Year
IEA: global crude oil demand will rise by 2.1 million bpd.
Oil & Gas Supply
Switch From Gas Boosts Oil Demand, but Economic Headwinds Loom - IEA
Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power generation, the International Energy Agency (IEA) said on Thursday, i…
Oil Demand Predicted to Peak by 2025
Power consumption is expected to triple by 2050, according to a new report.
Oil Futures Open Higher on IEA Supply Warning
Oil futures rose in early trading on Thursday, recovering some of the prior day's losses, after IEA said a decline in oil demand due to higher prices would not …
Crude Oil
Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged
War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, research by Norway’s energy intel…
Crude Oil
U.S. December Oil Demand Hits Highest Since Before Pandemic -EIA
U.S. oil demand rose in December to its highest level since before the coronavirus pandemic began, the U.S. Energy Information Administration (EIA) said on Mond…
Crude Oil
Global Mobility Resumes Path to Recovery After Asian COVID-19 Setbacks
Oil demand markers in most of the world’s biggest oil consuming countries recovered in the week to Feb. 14, according to mobility data, with markets emerging f…
Crude Oil
Goldman Sachs Sees $105 Oil In 2023
Oil prices could hit $100 this year and rise to $105 per barrel in 2023, on the back of a “surprisingly large deficit” on the oil market now due to the much m…
Carbon Emissions
CO2 Plans could Drive up EU Fuel Oil Exports
EU proposals to add CO2 emissions costs and taxes to conventional marine fuel prices starting in 2023 could reduce Europe's residual fuel oil demand for bunkeri…
Crude Oil
IEA Says Oil Demand more Resilient than Expected in the Face of Omicron
Global oil demand has proven stronger than expected as the latest coronavirus variant inflicts a softer hit to the economy than anticipated.
Crude Oil
China Oil Demand Seen Peaking In 2030
Crude oil demand in China is set to peak in 2030, until then driven by robust petrochemicals demand, research from state oil giant CNPC has suggested.
Crude Oil
Goldman Says Oil could hit $100, Demand might Reach ‘New Record High’ in the Next Two Years
Goldman Sachs predicts a new high in oil demand in 2022, and again in 2023.
Crude Oil
Oil Prices Rise On Record U.S. Oil Demand
The price of WTI crude rose nearly 2% on Thursday on EIA reports that U.S. implied petroleum products demand had risen to record heights.
OPEC
Opec Revises Higher Call on Its Own Crude in 2021-22
Opec has revised higher the 2021 and 2022 forecast call on its own members crude as it increased oil demand expectations for both years, saying it expects the C…
Crude Oil
Opec Maintains 2022 Demand Outlook and Expects Mild Impact from Omicron Variant
The group maintained its oil demand forecast for next year at 4.2 million barrels per day

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Oil demand

IEA Sees Higher Oil Demand This Year

Switch From Gas Boosts Oil Demand, but Economic Headwinds Loom - IEA

Oil Demand Predicted to Peak by 2025

Oil Futures Open Higher on IEA Supply Warning

Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged

U.S. December Oil Demand Hits Highest Since Before Pandemic -EIA

Global Mobility Resumes Path to Recovery After Asian COVID-19 Setbacks

Goldman Sachs Sees $105 Oil In 2023

CO2 Plans could Drive up EU Fuel Oil Exports

IEA Says Oil Demand more Resilient than Expected in the Face of Omicron

China Oil Demand Seen Peaking In 2030

Goldman Says Oil could hit $100, Demand might Reach ‘New Record High’ in the Next Two Years

Oil Prices Rise On Record U.S. Oil Demand

Opec Revises Higher Call on Its Own Crude in 2021-22

Opec Maintains 2022 Demand Outlook and Expects Mild Impact from Omicron Variant