Commodity analysts at Standard Chartered have revealed that global oil demand remains robust, with demand in January averaging 102.77 million barrels per day (mb/d), good for a 2.19 mb/d Y/Y increase.

OPEC+ remains the world’s dominant oil supplier, recently indicating a willingness to increase production—an outlook that can ...

Sun, 09 Mar 2025 05:55:04 GMT US crude inventories plummet by 4.9 million barrels, signaling robust domestic oil demand and temporarily boosting prices. China's slower economic growth of 4.7% in ...

Despite the downward pressure from monetary policy uncertainties, the oil market shows signs of resilience. Analysis from JPMorgan highlights a robust demand, with an increase in oil consumption ...