Search results for: “oil demand”
Global Oil Demand and Prices to Fall Amid Market Shifts, Says EIA
The US EIA expects slower oil demand growth and lower crude prices through 2026, driven by tariffs and production changes.
Baosteel Maintains Hot-Rolled Coil Prices for October Amid Weak Demand
Baosteel holds hot-rolled coil prices steady in October amid weak domestic demand and market uncertainty.
US Steel Demand Weakens Amid Tariff Turmoil and Mill Idling
US steel demand dips as tariffs disrupt supply chains, causing mill idling and market shifts.
European Steel Pipe Prices Decline Amid Weak Demand and Oil Market Pessimism
Steel pipe prices in Europe fell in early April. Low demand and oil market weakness prevented mills from passing on…
Crude Oil Prices Surge Amid Supply Concerns and Growing Demand
Crude oil prices hit a three-week high, with Brent futures increasing by 0.35% to $77.32 per barrel and WTI futures rising by 0.50%…
Crude Oil Prices Face Pressure from Weak Demand and Geopolitical Concerns
Crude oil prices dropped due to disappointing trade data from China, signaling weak demand. The market was impacted…
OPEC+ Delays Oil Production Increase Amid Weaker Demand and Global Supply Surplus
OPEC+ has postponed its planned production increase due to weak demand and rising production from non-OPEC nations. The…
Moil Cuts October Manganese Ore Prices in Response to Slumping Demand
Moil Reduces October Manganese Ore Prices as Demand Weakens
Nucor Steel Shipments Rise 9% as US Demand Strengthens and Prices Climb
Nucor Nucor increased steel shipments by 9% year-on-year…
Electricity Demand Outpaces Total Energy Growth in 2025, Reshaping Metal Demand Fundamentals
The IEA’s 2025 Global Energy Review confirms electricity demand is growing at more than twice the pace of…
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