OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

Oil prices dropped on Thursday due to potential peace talks between Ukraine and Russia, which could end sanctions affecting ...

With the world's energy appetite set to tumble through 2030, Bank of America estimates that oil demand is nearing its peak, and even the massive rollout of power-hungry AI infrastructure won't ...

India will be a bright spot for petrochemical demand in 2025 even as global consumption lags supply, amid rising demand for ...

The IEA and EIA have consistently underestimated the balance between oil demand and supply. Oil prices dipped following Trump's energy emergency declaration, but Aramco predicts strong demand ...

As a result, European prices are rallying, and with most of Europe now relying on LNG imports for its natural gas supply ... The gas-to-oil switch could boost oil demand in Europe, and also ...

Vitol, which trades about 7 per cent of the world’s oil supply every day, expects global demand to peak at almost 110 million barrels per day at the end of this decade, and then retreat to ...

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Image by klyaksun via iStock In January, global oil demand surged to 101.5 million barrels per day, analysts at J.P. Morgan said in a research note sent to Rigzone by the JPM Commodities Research ...

Some argue that financial speculation plays a role larger than supply and demand fundamentals in driving oil price volatility. What do we know about the influence of derivatives trading on oil ...

Crude oil market regulations control supply and dynamics, thus price, based on factors like: As with all commodities, oil prices are driven by supply and demand. However, the global pool of oil and ...

While Morgan made no changes to its previous oil demand estimates for this year, it said there is the potential that supply will be lower than previously assumed in the back half of the year.