oil demand | The Epoch Times

Recession Fears Drive Down Fuel Demand, Leading to Lower Gas Prices

Uncertainty in the American economy is beginning have an effect on the energy markets and gas prices. Oil prices have declined amid concerns among investors that rising interest rates will ...

May 5, 2023BY Bryan Jung

IEA Says Predicting Oil Demand to Hit Record High This Year on China’s Reopening

The International Energy Agency (IEA) says it predicts that demand for oil could reach record levels this year, ...

January 18, 2023BY Bryan Jung

Oil Prices Slip 1 Percent on Bets That Crude Supply Growth Will Exceed Demand

MELBOURNE—Oil prices fell for a third day straight on Wednesday on growing expectations that supply growth will outpace ...

December 15, 2021BY Reuters

Barclays Raises 2022 Oil Price View on Faster Inventory Drawdown

Barclays raised its 2022 oil price forecasts on Tuesday as it expects a faster-than-expected inventory drawdown and cautious ...

November 25, 2021BY Reuters

NTD Business (July 13): New Home Sales Jump in June

U.S. sales of newly constructed homes have increased 55 percent for the month of June—the largest gain since ...

July 13, 2020BY NTD Television

Coronavirus Spread Could Drive Oil Demand Even Lower

A senior International Energy Agency (IEA) official said Tuesday that the global oil demand outlook—earlier forecast to be ...

February 25, 2020BY Tom Ozimek