NEW YORK, Aug 5 (Reuters) - A string of dramatic revisions to official U.S. oil consumption data have unnerved market participants who rely on the figures to trade. Traders and analysts watch weekly ...
Global oil consumption reached an all-time high in 2024, driven primarily by non-OECD countries, with the U.S. remaining the largest consumer. The U.S. continues to lead the world in total oil ...
The EIA expects world petroleum and other liquid fuels consumption to come in at 102.94 million barrels per day this year. Image by CoreDesignKEY via iStock In its latest short term energy outlook ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. OPEC projects oil demand rising 19% to 123 million bpd by 2050, led by India ...
SINGAPORE/BEIJING, April 1 (Reuters) - China's oil consumption will rise 1.1% in 2025 to 765 million metric tons amid better than expected economic growth and increasing demand for petrochemicals, a ...
Oil consumption in China’s transport sector will peak next year “at the latest” as rapid adoption of electric vehicles (EVs) by mainland drivers pulls the plug on petrol consumption, according to ...
https://www.thehindubusinessline.com/markets/commodities/india-to-surpass-china-as-main-source-of-crude-oil-consumption-in-2024-and-2025-us-eia/article69008347.ece ...
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India’s Oil Consumption to Surpass All Countries by 2050: Demand to Jump from 5.4M to 9.1M BPD, Says BP
India is poised to become the world’s largest oil consumer by 2050, driven by strong economic growth, accounting for more than 12 per cent of global energy usage, according to BP Chief Economist ...
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