Chart made by Gail Tverberg in 2012 ... More recently, per-capita world oil consumption has been down, especially in 2020. Oil supply has not regained the 2004 to 2007 level, or even the 2018 ...

The EIA Short-Term Energy Outlook (STEO) was published recently, an estimate for World C+C output from 2018 to 2026, with ...

In its latest report, the International Energy Agency reduced projections for growth in world oil consumption this year while anticipating a supply surplus. Oil futures edged higher Monday after the ...

The global oil & gas industry continues to be a pivotal sector, with market dynamics driven by both consumption volumes and value metrics. In 2024, the industry posted revenues of $5.95 trillion ...

Global oil demand will grow at its slowest rate for five years in 2025 and U.S. production rises will also taper off, due to ...

New Delhi [India], March 17 (ANI): Despite increasing consumption in developing economies, global oil supply is anticipated to outpace demand growth and India is expected to be the major driver of ...