#oildemand — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #oildemand, aggregated by home.social.
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Oil Prices Fall as OPEC and IEA Slash 2026 Demand Outlooks
Despite the ongoing stalemate in the U.S.-Iran talks and persistent risks to shipping in the Middle East, oil…
#NewsBeep #News #Business #Brentcrude #CA #Canada #EIA #IEA #Irán #oildemand #oilprices #OPEC #StraitofHormuz #U.S.inventories #WTIcrude
https://www.newsbeep.com/ca/856482/ -
Oil Market’s Glut Narrative Just Blew Up
Less than a month ago, analysts were warning of a looming glut of crude oil as tanker traffic…
#NewsBeep #News #Business #GB #IEA #Oil #oildemand #oilglut #oilmarkets #Refinedproducts #UK #UnitedKingdom
https://www.newsbeep.com/uk/712749/ -
Oil Prices Rise as U.S.-Iran Peace Hopes Fade
Crude oil prices ticked higher today as hopes for a peace deal between the United States and Iran…
#NewsBeep #News #Business #brent #CA #Canada #crudeoil #fuelprices #Irán #MiddleEast #oildemand #OPEC #Sanctions #Trump #WTI
https://www.newsbeep.com/ca/664151/ -
IEA’s Birol Says Iran War Will Permanently Cut Into Future Oil Demand
International Energy Agency chief Fatih Birol says the Iran war has permanently changed the fossil fuel industry and…
#NewsBeep #News #Business #Birol #CA #Canada #DemandDestruction #IEA #Iranwar #oil #oildemand #OilSupply
https://www.newsbeep.com/ca/626448/ -
IEA Urges Working From Home and Cutting Air Travel to Ease Oil Supply Shock
Amid the biggest oil supply shock in history, the International Energy Agency (IEA) on Friday called on governments…
#NewsBeep #News #Business #airtravel #CA #Canada #diesel #emergencyreserves #fuelmarkets #IEA #jetfuel #MiddleEastwar #oildemand #OilShock #StraitofHormuz
https://www.newsbeep.com/ca/548903/ -
OPEC just hiked output—but oil prices fell. Why? Demand’s slipping. EVs are crushing growth, China’s imports are flat, and the old oil playbook isn’t working. This isn’t strength—it’s defense. The S-curve is real. You can’t outpump a disruption. Charge, baby, charge!⚡📉 #EVs #OilDemand #Scurve
Oil pares loss as tight market... -
The IEA has lowered its oil demand growth forecast for the third consecutive month due to a significant drop in Chinese consumption. The revised estimate predicts an increase of 862,000 bpd this year, down from 903,000 bpd. For 2025, the forecast sees demand rising to 103.8M bpd, with China expected to contribute only 20% to global gains, a stark decline from nearly 70% last year. OPEC’s forecast remains more optimistic, predicting a growth of 1.93M bpd this year.#OilDemand #IEA #OilMarket
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Bluff and bluster:
Exxon is playing a gigantic game of chicken, with billions of investor money and the health of the planet on the table.Exxon forecasts 2050 oil demand to match today's, 25% above BP estimate
"Exxon estimates #ElectricVehicles will not significantly alter long-term global #OilDemand, as the world's population is expected to increase from 8 billion today to nearly 10 billion in 2050, adding to demand for energy."
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Forget #PeakOil #Demand: A Thirst for Barrels Puts $100 in View. #China’s# consumption is #soaring as #CovidRestrictions ease. #Global #OilDemand heads for a record despite energy transition #FossilFuels #ClimateCrisis #GlobalHeating https://www.bloomberg.com/news/articles/2023-03-05/oil-prices-threaten-to-hit-100-a-barrel-with-chinese-demand-soaring