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Homeoil demand

oil demand

AI

Yellen needs $3 Trillion for Climate Transition

July 30, 2024 Andy Del Prado

Daily Standup Top Stories Amazon claims to power all its operations with renewable energy. If only that were true. July 29, 2024 Mariel Alumit When Amazon announced this month that it had achieved 100% renewable energy seven years […]

China
Crude Oil News

Weak Demand in China Weighs on Middle East Oil Price Outlook

July 29, 2024 Mariel Alumit

China’s maritime imports dropped to 10 million b/d at the start of the summer. The trend of weaker demand and sluggish physical activity in China impacted Middle East oil pricing. By not cutting when regional […]

Oil Prices
Crude Oil News

Oil Prices Remain Rangebound Despite Rising Gasoline Demand

May 28, 2024 Mariel Alumit

Oil prices have been rangebound for the last four weeks with demand concerns being canceled out by expectations of an OPEC+ production cut extension. – The latest forecast from the US National Oceanic and Atmospheric […]

oil
Crude Oil News

How US shale keeps sheltering America from the next oil price surge

April 23, 2024 Mariel Alumit

In 1973 and 1979 war in Israel and turmoil in Iran twice ruptured the oil market, triggering an inflationary surge that sapped western economies and unseated a US president. In the decades since, the possibility […]

BofA
Crude Oil News

BofA Expects Total Oil Demand to Hit 107MM Barrels per Day by 2029

February 13, 2024 Mariel Alumit

In a BofA Global Research report sent to Rigzone recently, analysts said they expect total oil consumption levels to reach 107 million barrels per day by 2029, “adding net growth of about 3.7 million barrels […]

Global
Crude Oil News

Global oil demand to rise by 2 million bpd in 2024, says WoodMac

January 11, 2024 Mariel Alumit

Jan 11 (Reuters) – Global oil demand is expected to increase by almost 2 million barrels a day in 2024, with China accounting for more than 25% of the increase, consultancy Wood Mackenzie said in […]

BRICS

Daily Energy Standup Episode #282 – Oil Demand Predictions, CBDC Support, BP Takeover Talks, BRICs Expansion, and More

January 9, 2024 Andy Del Prado

Daily Standup Top Stories Standard Chartered: Oil Demand Growth To Remain Robust In 2024 And 2025 January 8, 2024 Mariel Alumit Standard Chartered have predicted that oil demand growth in the current year will clock in […]

Oil
Crude Oil News

Standard Chartered: Oil Demand Growth To Remain Robust In 2024 And 2025

January 8, 2024 Mariel Alumit

Standard Chartered have predicted that oil demand growth in the current year will clock in at a robust 1.54 mb/d and 1.41 mb/d in 2025. StanChart has forecast that global oil demand growth in 2024-2025 […]

Oil
Crude Oil News

Global Oil Demand to Reach Record High in 2023: IEA

July 18, 2023 Mariel Alumit

Global oil demand will increase by 2.2 million barrels per day (MMbpd) to reach a record high of 102.1 MMbpd in 2023, the International Energy Agency (IEA) said in its latest oil market report (OMR). […]

OPEC
Geopolitical

OPEC+ to monitor market conditions at Dec. 4 meeting: Iraq’s OPEC rep

November 28, 2022 Mariel Alumit

OPEC and its allies will monitor oil market conditions and the supply-demand balance in its upcoming Dec. 4 meeting, Iraq’s national representative to OPEC said Nov. 26, as the coalition seeks to stem a price […]

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