Global oil demand is expected to grow by over 1 million b/d in 2025, up from 830,000 b/d in 2024, reaching a total of 103.9 ...

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

How much oil does the world consume? The United States consumes ... each exports between 273,000 to 641,000 barrels a day. Domestic Oil Production Some of the oil that the U.S. consumes is ...

The Nigerian government aims to boost the country’s oil production by 1 million barrels ... investment-friendly policies, and global competitiveness. Last week, Nigeria took a step closer ...