Economics ❯Global Economy

Oil Market

Oil Trade Treasury Department Oil Prices Middle East Global Trade Geopolitical Tensions Subsidies Oil Industry Supply and Demand Demand Forecasts

IEA Forecasts Peak Oil Demand by 2029 as Capacity Growth Outpaces Consumption

The forecast stands in contrast to OPEC’s view of continued demand growth beyond 2030

U.S. Expands Sanctions on Iran’s Oil Trade Targeting Global Network