Economics & Markets

US EIA.
Annual change in world liquid fuels consumption (2022-2025).
Economics & Markets

EIA: India to surpass China as leading contributor to global oil consumption growth in 2024, 2025

Dec. 19, 2024
India has become the primary driver of growth in global oil consumption for 2024 and 2025, surpassing China, which consistently led global oil consumption growth from 1998 to ...

Latest Economics & Markets

US EIA
eia_india
Economics & Markets

EIA: India leads global oil consumption growth in 2024, 2025

Nov. 13, 2024
India has emerged as the top contributor to expected global oil consumption growth, accounting for 25% of the increase for 2024 and 2025, according to the US EIA’s latest Short...
Podcasts

Market Focus: Comprehensive View of Oil Market Based on IEA Report

Nov. 12, 2024
In this Market Focus episode of the Oil & Gas Journal ReEnterprised podcast, Conglin Xu, Managing Editor - Economics, highlights a recent International Energy Agency Oil Market...
Economics & Markets

Oil prices higher on host of factors

Nov. 8, 2024
Oil prices this week found support with four key events: a hurricane, the US presidential election, OPEC+'s decision to delay a production increase, and another rate cut by the...
Wood Mackenzie
Guyana, Suriname cluster potential.
LNG

WoodMac: Guyana, Suriname could provide 12 million tpy of LNG in 2030s

Nov. 4, 2024
Guyana and Suriname could supply up to 12 million tpy of LNG by the next decade, according to a report by Wood Mackenzie.
Economics & Markets

OPEC+ extends oil output cuts through December

Nov. 4, 2024
The OPEC+ group, which includes Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, will extend oil output cuts again by 1 month until...