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Homeoil demand

oil demand

China
Crude Oil News

China’s oil demand to face downward pressure on rising COVID-19 cases: analysts

November 28, 2022 Mariel Alumit

China’s appetite for domestic oil consumption may remain subdued for an extended period following the rising number of confirmed COVID-19 cases, but analysts and trade sources told S&P Global Commodity Insights Nov. 28 that the […]

Crude Oil News

Rystad Energy Sees Oil Demand Peaking In 2026

April 22, 2021 Andy Del Prado

The accelerating adoption of electric vehicles (EVs) and electrification in other oil-consuming sectors is set to bring peak oil demand as early as 2026 at 101.6 million barrels per day (bpd), which would be just […]

Travelers at the Hongqiao Railway Station ahead of Lunar New Year in Shanghai - Energy News Beat
International News

China’s Oil Demand at Risk as Millions Scrap New Year Travel – Jet fuel demand to suffer

January 26, 2021 Stu Turley

For Rachel Tian — and millions of other Chinese people — Lunar New Year festivities look set to be less of a family affair in 2021. The Beijing-based securities analyst would normally be preparing to […]

The world to run out of oil supply to meet demand unless exploration speeds up
Crude Oil News

The world to run out of oil supply to meet demand unless exploration speeds up, Rystad reports

December 11, 2020 Stu Turley

The world is on track to run out of sufficient oil supplies to meet its needs through 2050, despite lower future demand due to the Covid-19 pandemic and the accelerating energy transition – unless exploration […]

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