Global oil demand growth decelerated to 1.7 million b/d year-on-year in fourth-quarter 2023, significantly lower than the 3.2 million b/d rate observed in the second and third...
Market sentiment for natural gas and LNG will remain bearish into 2024, with European prices having fallen 45% to $10/MMbtu in the past 3 months, a Wood Mackenzie report said....
In 2023, oil demand reached an unprecedented 101.7 million b/d, driven by the rapid expansion of Chinese petrochemical activity and a surge in its demand for NGL feedstocks.