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Tag: oil demand
China’s Slowdown is Weighing on the Outlook for Global Oil Demand Growth
Monthly data reported by countries representing 80 percent of global oil demand for the first six months of 2024 are now available. The data confirm the sharp slowdown in the rate of...
SUVs are setting new sales records each year – and so are their emissions
SUVs accounted for 48 per cent of global car sales in 2023, reaching a new record and further strengthening the defining automobile trend of the early 21st century – the shift towards...
The Oil & Gas Industry Doesn’t Have a Bright Future
The oil and gas industry has been in a recession, effectively since the global financial crisis 11 years ago. Each year, production volumes have increased by more than global demand, meaning that...
As the Health Crisis Hammers the Auto Industry, Electric Cars Remain a Bright Spot
Beyond the immediate impact on health, the Covid-19 pandemic is causing a major shock to the global economy. Electric cars – a key element of transitions to cleaner energy – are being...
Will the Historic Decisions Bring the Oil Industry Back From the Brink?
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary...
