“The Canadian energy regulator, as well as the International Energy Agency, are telling us that probably by 2028, 2029, demand for oil will peak globally and it will also peak in Canada.” ...

IEA Lifts Oil Demand View on Softer Tariff Impact, Lower Prices Global oil demand growth is expected to be stronger than previously anticipated due to lower oil prices and a less severe hit of U.S ...

The major and most surprising driver sustaining the US soybean oil market has been export demand. Since the ... which has dropped 9% from its January peak and remains under pressure from the ...

Oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily. China will not cease to be a major importer of crude anytime soon. Most of ...

global head of macro and oil demand research at S&P Global Commodity Insights had said. As India’s refining capacity is set to rise, refiners and policymakers are intensifying efforts to ...

WITH Brent crude oil prices hovering around $67 per barrel, OPEC+ appears to be running out of patience. The group is set to pump more oil into the ... behind pumping more oil at a time when global ...

The group will meet on May 5 to discuss output plans. "The trade war directly reduces oil demand and hinders travel by consumers. Combined with OPEC’s unwinding of output cuts, the risk of ...

In 2020, it clashed with Russia at the peak of the coronavirus ... produce a proper demand response, an essential component of any successful price war. Historically, lower oil prices have ...

IEA Lifts Oil Demand View on Softer Tariff Impact, Lower Prices Global oil demand growth is expected to be stronger than previously anticipated due to lower oil prices and a less severe hit of U.S ...