Oil futures ... energy demand. While recent data indicates marginal growth in the country’s manufacturing activity, sectors such as services and construction have started showing signs of ...

Traders also assessed updated monthly forecasts from the Organization of the Petroleum Exporting Countries and the International Energy Agency, as well as official U.S. data showing a weekly ...

2025 was poised to be kind of chill when it came to the global balance of supply and demand for oil, said OPIS analyst Tom Kloza. “This was supposed to be a year where it would be very, ...

Image by klyaksun via iStock In January, global oil demand surged to 101.5 million barrels per day, analysts at J.P. Morgan said in a research note sent to Rigzone by the JPM Commodities Research ...

Global oil demand seen growing by 700,000 to 1.3 mln bpd in 2025 First upward revision in 2025 Brent price forecast since April For table of crude price forecasts, click Jan 31 (Reuters ...

This reflects weakened demand from China and aglobal marketflush with supply. In 2024, U.S. oil production hit a record 13.46 million barrels per day (bpd), a 259,000 bpd increase over the ...

Global demand for oil will not fall until at least 2040, according to a new forecast by the world’s largest independent energy trader, in the latest signal that economies will struggle to break ...

DAVOS, Switzerland (Reuters) -Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an additional 1.3 million barrels per day of demand ...