#oil-demand
OPEC Sees Sustained Oil Demand as Policy Prioritizes Energy Security
'The increased focus on energy security and energy affordability has shifted the energy policy landscape across the globe'.
PetroChina forecasts Chinese oil consumption will drop 4.9% this year
China's oil use is set to decline in 2026. This shift comes as the nation embraces new energy sources and faces elevated oil prices. PetroChina's research unit predicts a 4.9% drop in consumption that year. Oil demand is expected to plateau and fall further b…
Mint Explainer | How EVs are starting to reshape global oil demand
Mint Explainer | How EVs are starting to reshape global oil demand
The IEA expects electric vehicles to displace up to 5 million barrels of oil demand a day by 2030, with implications for global energy markets and India’s crude import bill.
OPEC Report Shows Oil Demand Reached Over 105MMBpd in 2025
In its latest Annual Statistical Bulletin, OPEC projected that world oil demand grew by 1.30 million barrels per day year on year in 2025, a release posted on OPEC's site outlined.