The International Energy Agency (IEA) predicts that China’s oil demand will peak at 3.66 million bpd by 2025, marking a structural shift in the market. While emerging Asian economies are ...
Oil demand this year will approach 106 million barrels per day after averaging about 104.6 million barrels per day in 2024, he said. "We still think the market is healthy ... last year we averaged ...
Analysts at Standard Chartered Bank noted that, in their view, 'the most important current feature of the oil market is positioning'. In a report sent to Rigzone by Standard Chartered Bank ...
There was no settlement in the U.S. market on Monday due to a public holiday. "End of the day, there is no shortage of oil out there," Mizuho analyst Robert Yawger said, noting that U.S. oil ...