Post Tagged with: "world oil demand"

Source: Reuters

World oil demand outpacing expectations, challenging peak crude predictions

World Oil


(Bloomberg) – The world is using more oil than ever and demand is outpacing expectations again this year, raising questions about how soon global consumption will peak.

The unabated thirst for crude contributed to an increasingly confident tone …

Source: World Oil

World oil demand looks strong on U.S. shale production growth, Kuwait Petroleum CEO reports

World Oil


(Bloomberg) – Global oil consumption is strong and the market looks relatively balanced this year as OPEC+ tries to stabilize prices, according to the Chief Executive Officer of Kuwait Petroleum Corp.

The market is expected to tighten further …

Source: Oil Price

World oil demand hit a 9-month high in November

Oil Price


Solid demand in China, India, and Japan lifted global oil demand by 1.7 million barrels per day (bpd) in November to the highest level since February 2022, new data from the Joint Organizations Data Initiative (JODI) showed on …

World Oil Demand = 97 Million Barrels per Day by 2020; 110 MMBOD by 2040: OPEC

World Oil Demand = 97 Million Barrels per Day by 2020; 110 MMBOD by 2040: OPEC

$10 Trillion in global oil-related investment will be needed to Meet Demand: OPEC

Supply: non-OPEC supply down 1 MMBOD by 2020; OPEC supply up 1 MMBOD by 2040

saudi drill rigOPEC’s press release announcing the coming 2015 release of its annual World …