Global Oil Demand to Gain 1-1.5 Mbd in 2025

Wedoany.com Report-Dec 28,Russia expects growth of global oil demand in 2025 to reach from 1 mln barrels per day (mbd) to 1.5 mbd, Deputy Prime Minister Alexander Novak said in an interview with the R...

Oil
2024-12-28

OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period

Wedoany.com Report-Nov 11,Global oil demand is projected to reach 120.1 million barrels per day (mb/d) by 2050, while energy demand will rise 24% during the same period, said the Organization of Petro...

Oil
2024-11-11

China will continue to play key role in global oil demand, Vitol exec says

Wedoany.com Report-Nov 7,China will continue to have an important role in global oil demand despite the peaking of fuel consumption in its road transportation sector amid energy transition, Vitols glo...

Oil
2024-11-07

BP Profit Slumps to Near Four-Year Low as Oil Demand Sags

Wedoany.com Report-Oct 30 , BP on Tuesday reported a 30% drop in third-quarter profit to $2.3 billion, the lowest in almost four years, weighed down by weaker refining margins and oil trading results....

Oil
2024-10-30

India's Oil Demand May Revive Amid Festivals And Elections, Shows S&P Global Commodity Insights

Wedoany.com Report-Oct 26,Demand for oil products in India through the October-December quarter is expected to get a boost from festivals, agricultural activities, recovering from a few months of subd...

Oil
2024-10-26

OPEC Trims Its China Crude Demand Forecast, but Nowhere Near Enough: Russell

Wedoany.com Report-Oct 15, OPEC cut its estimate for Chinas crude oil demand growth in 2024 for a third straight month in October, but the producer group is still massively optimistic given the realit...

Oil
2024-10-15