Economic activity of large consuming countries like China, India and the United States influences growth of oil demand, the official noted ...

Russia's Deputy Prime Minister Alexander Novak said on Wednesday that global oil demand was seen rising by between 1.0 ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The world’s appetite for energy rose at a faster-than-average pace in 2024, resulting in higher demand for all energy sources ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.6 million barrels ...

When you click on “Accept all”, you consent to ads on this site being customized to a personal profile we or our advertising ...

Global energy demand surged in 2024, nearly doubling the average growth of recent years, driven by factors including AI, data ...

EV sales surged by over 25% in 2024, now making up 1 in every 5 cars sold globally, and this impacted oil demand, which grew at just 0.8%.

In light of China's evolving energy landscape and the rapid adoption of NEVs, Ma Yongsheng, chairman of China Petroleum and ...

The three-month downtrend phase of WTI crude oil from January 2025 has stalled at a major range support of US$65.40/barrel.

As oil prices leap over 1% on the back of geopolitical tensions and hopes for a Chinese consumption rebound, US futures stumble under the weight of recession fears.

Editor's note: China is evolving into a consumption-driven economy ... SHANGHAI - From neck-worn electric breast pumps to camellia oil-infused diapers, Chinese small-scale manufacturers have ...