Global Oil Demand
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From Texas To Tokyo, Extreme Heat Is Now Threatening Global Fuel Supply
In addition to causing spikes in electricity demand as people fire up air conditioners, the scorching temperatures have led to a spate of disruptions at oil refineries.
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India To Soon Overtake China As Oil Demand Driver, Says Energy Body Chief
India will soon overtake China as the largest driver of global oil demand even as it has an opportunity to become a world leader in green hydrogen production, International Energy Agency (IEA) chief Fatih Birol said Wednesday.
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Rupee Trades At Over A One-Month Low Of 82.72 Per Dollar Ahead Of RBI
Rupee Today: The rupee trades only a touch weaker ahead of the RBI's policy decision on Wednesday as oil prices tumbled on demand concerns.
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Oil Slumps To Lowest Since 2021 As China's Covid Protests Fuel Demand Worries
Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 curbs fuelled demand .worries
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Oil Prices Rise To Near $96 A Barrel On Strong Demand, Weaker Dollar
Oil prices continued to rise in early Asian trade on Thursday after surging more than 3% in the previous session.
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Crude Prices Fall Below $85 Per Barrel For First Time Since January
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide interest rates and as a surging U.S. dollar limits the ability of non-dollar consumers to purchase crude.
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Oil Rises On Rebounding Chinese Demand, Geopolitical Risks
Oil rose on Thursday as the prospect of higher Chinese demand and heightened geopolitical risks outweighed recession fears after a flurry of central bank interest rate hikes, including from the Bank of England.
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Lower Oil Prices Defy Robust Forecasts For Global Demand: Report
Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is actually predicting one.
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Oil Falls On Demand Concerns, Strong Dollar
Oilfell on Thursday as expectations of weaker demand and a strong U.S. dollar ahead of a potentially large interest rate increase outweighed supply concerns.
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Oil Prices Drop Amid China Covid-19 Curbs, Possible Rate Hikes
Oil prices fell on Monday with the global fuel demand outlook overshadowed by COVID-19 restrictions in China and the potential for further interest rate hikes in the United States and Europe.
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Oil Falls To 7-Month Low On Renewed Demand Fears, Rate Hike Expectations
Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in top crude importer China and expectations of more interest rate hikes spurred worries of a global economic recession and lower fuel demand.
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Oil Falls Below $92 Per Barrel On Renewed Demand Worries
Oil prices fell on Wednesday as COVID-19 curbs in top crude importer China and expectations of further interest rate hikes fanned concerns of a global economic recession and lower fuel demand growth.
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Oil Falls To $95 A Barrel On Increased Supply, Lower China Demand
Oil prices fell in early Asian trade on Thursday, led lower by increased supply and worries that the global economy could slow further with renewed restrictions to curb COVID-19 in China.
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Oil Falls By Over $3 As Inflation Fear Looms, Iraq Exports
Oil prices fell by more than $3 a barrel on Tuesday on fears that an inflation-induced weakening of global economies would soften fuel demand, and as Iraqi crude exports have been unaffected by clashes.
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Oil Edges Lower On Demand Worries From High Inflation, But Holds Above $104
Oil prices dipped on Tuesday, paring some gains from the previous session, as the market feared that more aggressive interest rates hikes from central banks may lead to a global economic slowdown and soften fuel demand.
-
From Texas To Tokyo, Extreme Heat Is Now Threatening Global Fuel Supply
In addition to causing spikes in electricity demand as people fire up air conditioners, the scorching temperatures have led to a spate of disruptions at oil refineries.
-
India To Soon Overtake China As Oil Demand Driver, Says Energy Body Chief
India will soon overtake China as the largest driver of global oil demand even as it has an opportunity to become a world leader in green hydrogen production, International Energy Agency (IEA) chief Fatih Birol said Wednesday.
-
Rupee Trades At Over A One-Month Low Of 82.72 Per Dollar Ahead Of RBI
Rupee Today: The rupee trades only a touch weaker ahead of the RBI's policy decision on Wednesday as oil prices tumbled on demand concerns.
-
Oil Slumps To Lowest Since 2021 As China's Covid Protests Fuel Demand Worries
Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 curbs fuelled demand .worries
-
Oil Prices Rise To Near $96 A Barrel On Strong Demand, Weaker Dollar
Oil prices continued to rise in early Asian trade on Thursday after surging more than 3% in the previous session.
-
Crude Prices Fall Below $85 Per Barrel For First Time Since January
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide interest rates and as a surging U.S. dollar limits the ability of non-dollar consumers to purchase crude.
-
Oil Rises On Rebounding Chinese Demand, Geopolitical Risks
Oil rose on Thursday as the prospect of higher Chinese demand and heightened geopolitical risks outweighed recession fears after a flurry of central bank interest rate hikes, including from the Bank of England.
-
Lower Oil Prices Defy Robust Forecasts For Global Demand: Report
Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is actually predicting one.
-
Oil Falls On Demand Concerns, Strong Dollar
Oilfell on Thursday as expectations of weaker demand and a strong U.S. dollar ahead of a potentially large interest rate increase outweighed supply concerns.
-
Oil Prices Drop Amid China Covid-19 Curbs, Possible Rate Hikes
Oil prices fell on Monday with the global fuel demand outlook overshadowed by COVID-19 restrictions in China and the potential for further interest rate hikes in the United States and Europe.
-
Oil Falls To 7-Month Low On Renewed Demand Fears, Rate Hike Expectations
Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in top crude importer China and expectations of more interest rate hikes spurred worries of a global economic recession and lower fuel demand.
-
Oil Falls Below $92 Per Barrel On Renewed Demand Worries
Oil prices fell on Wednesday as COVID-19 curbs in top crude importer China and expectations of further interest rate hikes fanned concerns of a global economic recession and lower fuel demand growth.
-
Oil Falls To $95 A Barrel On Increased Supply, Lower China Demand
Oil prices fell in early Asian trade on Thursday, led lower by increased supply and worries that the global economy could slow further with renewed restrictions to curb COVID-19 in China.
-
Oil Falls By Over $3 As Inflation Fear Looms, Iraq Exports
Oil prices fell by more than $3 a barrel on Tuesday on fears that an inflation-induced weakening of global economies would soften fuel demand, and as Iraqi crude exports have been unaffected by clashes.
-
Oil Edges Lower On Demand Worries From High Inflation, But Holds Above $104
Oil prices dipped on Tuesday, paring some gains from the previous session, as the market feared that more aggressive interest rates hikes from central banks may lead to a global economic slowdown and soften fuel demand.
