Tag: Global oil demand

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Oil Prices Rise on Bullish Demand Forecast and Weaker Dollar, Ireland

Oil prices rise on bullish demand forecast and weaker dollar, with Brent futures nearing $77 and WTI crude reaching $72. The International Energy Agency predicts a 1.1 million bpd increase in global oil consumption for 2024. Improved liquidity conditions and lower borrowing costs contribute to the surge.

Global Oil Demand and OPEC Cuts Drive Record High Petrol Prices in Australia

OPEC cuts and strong global demand fuel record high petrol prices in Australia. ACCC report highlights impact of international factors on prices.

China’s Economic Rebound: Fueling Record-High Global Oil Demand

China's Economic Rebound Fuels Record-High Global Oil Demand. Despite concerns, OPEC+ cuts and strong demand support prices. Will China's recovery continue to meet expectations?

Libya’s largest oil field experiences partial shutdown

Partial shutdown of El Sharara, Libya's largest oil field, due to protests. Production expected to resume soon. Impact on global oil markets.

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India Set to Outstrip China as Oil Consumption Leader and Pioneer in Green Hydrogen: IEA Chief’s Latest Report

India, with its swelling population, will soon become the largest driver of global oil demand, but there's hope. The country can become a world leader in green hydrogen production, using cheap renewable energy sources like solar to generate electricity and produce hydrogen. Don't miss the chance to be at the center of global energy affairs!

China’s Economic Rebound: Fueling Record-High Global Oil Demand

China's Economic Rebound Fuels Record-High Global Oil Demand. Despite concerns, OPEC+ cuts and strong demand support prices. Will China's recovery continue to meet expectations?

Libya’s largest oil field experiences partial shutdown

Partial shutdown of El Sharara, Libya's largest oil field, due to protests. Production expected to resume soon. Impact on global oil markets.

Oil Prices Rise on Bullish Demand Forecast and Weaker Dollar, Ireland

Oil prices rise on bullish demand forecast and weaker dollar, with Brent futures nearing $77 and WTI crude reaching $72. The International Energy Agency predicts a 1.1 million bpd increase in global oil consumption for 2024. Improved liquidity conditions and lower borrowing costs contribute to the surge.

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