Energy

China’s natural gas YoY consumption surges 11.9 percent to 143.73 billion cubic meters in January-April period

In April alone, consumption rose by 11.8 percent compared with the same period last year to total 35.46 billion cubic meters

EU natural gas demand declines by 7.4 percent in 2023

EU recorded the largest jump in demand in Finland with a 25.6 percent increase

China’s gasoline exports fall 50.8 percent to lowest in 9 years in April

Domestic travel saw a 28 percent increase compared to 2019, fueling demand for gasoline

2.5 million barrel drop in U.S. crude, 235,000 barrel gasoline drawdown as refining, demand rise: EIA

Gasoline product supplied last week was 8.9 million bpd, up slightly from the previous week

Oil demand to increase by 2.25 million barrels a day in 2024: OPEC+

OPEC projects demand for crude to reach 43.2 million barrels per day in 2024

Electric vehicle shift in China, U.S. to impact petrol demand in 2024

Meanwhile, India and Indonesia continue to experience booming car sales

Oil industry supports 70 million jobs globally: OPEC secretary-general

Al Ghais anticipates a rise in oil demand to 116 million barrels per day by 2045

U.S. refiners’ profits set to fall in Q1 of 2024, margins remain strong

Earnings to increase in the next two quarters as demand picks up during the summer driving season

Oman LNG signs 10-year supply agreement with TotalEnergies

TotalEnergies also announces final investment decision for Oman's Marsa LNG project

China’s marine fuel oil exports plunge 32 percent YoY to 1.32 million tons in March

The exports are primarily driven by sales from bonded storage for vessels operating on international routes

Nigeria strikes gas supply deal with Shell for $3.8 billion methanol facility

Agreement addresses major obstacle to the project's final investment decision

Libya surpasses Nigeria as Africa’s top oil producer, OPEC report reveals

Libya's crude oil output reached 1.24 million barrels per day (bpd) in March 2024

Top oil-producing countries in the world

U.S., Russia and Saudi Arabia occupy the top spots