China's startling plunge in oil demand is grabbing global attention. Experts reveal that this surprising trend is driven by a slowdown in industrial activity alongside an accelerating shift toward cleaner energy, offering new insights into the unexpected decline
Browsing: oil consumption
The UK's market for refined sunflower and safflower oils is on the rise, projected to skyrocket to an impressive 168K tons and $331M by 2035. Driving this surge are growing consumer demand and exciting new health trends, according to IndexBox's latest report
The United Kingdom's sunflower and safflower oil market is on the rise, poised to hit an impressive 334,000 tons worth $535 million. This exciting growth is driven by soaring demand and a significant boost in import volumes, reveals IndexBox
China's crude oil imports in September rose by 3.9% compared to last year, though they slipped 4.5% from August, Reuters reports. This slight year-on-year gain paired with a monthly decline reveals the shifting demand and dynamic market forces shaping the industry
India's oil import dependence has surged to a record high, exacerbated by rising domestic demand and limited local production. This trend poses significant economic challenges and highlights the need for strategic energy policy reforms.






