Search For "global oil demand"
S&P Global warns geopolitical tensions may hit global oil demand
Updated : 8 months, 2 weeks ago IST
The latest report by S&P Global highlights that geopolitical tensions and shifting trade policies could potentially have a negative impact on the global oil demand.
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US may reduce oil production because of sluggish demand and falling crude
Updated : 10 months ago IST
United States may reduce its oil production which could lead to an annual decline in output in 2026 due to the sluggish demand and falling crude prices, according to a new analysis by S&P Global Commodity Insights.
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India to drive global oil demand growth till 2035: IEA Report
Updated : 1 year, 2 months ago IST
India is set to lead global oil demand growth until 2035, according to a recent report by the International Energy Agency (IEA).
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IEA's new outlook predicts era of abundant oil supply until 2030; good for
Updated : 1 year, 9 months ago IST
The International Energy Agency (IEA) has released its latest medium-term oil market outlook, which examines how India's involvement in the global oil market may change between now and 2030. The report examines energy transition patterns that may affect oil demand in various industries, and
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Oil demand will grow 2.25 million bpd: OPEC
Updated : 1 year, 11 months ago IST
In its monthly report, OPEC predicted robust fuel use in the summer months and stuck to its forecast for relatively strong growth in global oil demand in 2024
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India projected to drive global oil demand growth: International Energy Ag
Updated : 2 years, 1 month ago IST
The report forecasts that India will emerge as the largest source of global oil demand growth between now and 2030, signalling a significant shift in the dynamics of the global oil market.
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OPEC sees global oil demand at 116 mb/d in 2045
Updated : 2 years, 5 months ago IST
The 17th edition of the flagship publication takes on board recent energy and economic-related developments, particularly related to the shifting dynamics around net zero policies, with many populations questioning the targets and the benefits, policymakers reevaluating their approach to ene
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Growth in global oil demand is set to slow significantly by 2028
Updated : 2 years, 9 months ago IST
New IEA medium-term report sees oil use for transport going into decline after 2026, but overall consumption is expected to be supported by strong petrochemicals demand. Growth in the world's demand for oil is set to slow almost to a halt in the coming years, with the high prices and securit
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OPEC predicts this year's global oil demand will make up 65% of loss in 20
Updated : 4 years, 5 months ago IST
Washington [US], October 15 (ANI/Sputnik): Global oil demand is expected to make a significant recovery, reaching 96.7 million barrels per day (mb/d) and recovering 65% of demand lost in 2020, OPEC Secretary-General Mohammad Sanusi Barkindo said on Thursday.
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Extended coronavirus outbreak to lower oil demand, prices: Moody's
Updated : 6 years, 1 month ago IST
Hong Kong, Feb 6 (ANI): The ongoing coronavirus outbreak has reduced economic activity in China, the world's largest oil importer, with estimates of a short-term reduction in global oil demand weakening crude prices in recent days.
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OPEC cuts 2018 world oil demand growth forecast over Turkey, Brazil, Argen
Updated : 7 years, 5 months ago IST
London [UK], Oct 11 (ANI/Sputnik): The Organization of the Petroleum Exporting Countries (OPEC) downgraded its global oil demand estimate due to changes in economy forecasts for Turkey, Brazil, Argentina, a report by the OPEC showed Thursday. The OPEC, however, has forecasted non-OPEC oil su
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Electrical vehicles will reduce demand for oil worldwide
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov.14 (ANI): The penetration of electrical vehicles (EV) is set to grow in the coming years and may reduce the growth in global oil demand, according to Rystad Energy at a seminar on India's challenges to achieve energy security held recently at the Norwegian Embassy.
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