Global Oil Demand
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Oil Prices Reach Multi-Year Highs On Tight Supply
Oil prices have also been bolstered by worries over coal and gas shortages in China, India and Europe, which spurred fuel switching to diesel and fuel oil for power.
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Electric Vehicles May Cut Global Refining Capacity Demand By Half In 2050: Report
Electric vehicles will cut global consumption of petrol and diesel, but demand for other refined oil products in aviation, maritime and petrochemical sectors could remain high because of urbanisation.
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Global Oil Demand To Peak In 2026: Report
World demand is now seen peaking at 101.6 million barrels of oil per day (bpd) in 2026, down from a forecast made in November of a peak in 2028 at 102.2 million bpd, Rystad Energy said.
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Middle East's $2 Trillion Wealth Could Be Gone by 2034, Says IMF
The Arab monarchies of the Persian Gulf face a budget reckoning and risk squandering their $2 trillion in financial wealth within 15 years as oil demand nears peak levels, according to the International Monetary Fund.
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Oil Prices Reach Multi-Year Highs On Tight Supply
Oil prices have also been bolstered by worries over coal and gas shortages in China, India and Europe, which spurred fuel switching to diesel and fuel oil for power.
-
Electric Vehicles May Cut Global Refining Capacity Demand By Half In 2050: Report
Electric vehicles will cut global consumption of petrol and diesel, but demand for other refined oil products in aviation, maritime and petrochemical sectors could remain high because of urbanisation.
-
Global Oil Demand To Peak In 2026: Report
World demand is now seen peaking at 101.6 million barrels of oil per day (bpd) in 2026, down from a forecast made in November of a peak in 2028 at 102.2 million bpd, Rystad Energy said.
-
Middle East's $2 Trillion Wealth Could Be Gone by 2034, Says IMF
The Arab monarchies of the Persian Gulf face a budget reckoning and risk squandering their $2 trillion in financial wealth within 15 years as oil demand nears peak levels, according to the International Monetary Fund.
