Keywords: Demand


Global oil supply faces sharp decline in 2026 as Strait of Hormuz disruptions weigh on markets

The International Energy Agency (IEA) expects global oil supply to fall significantly in 2026, reflecting the continuing impact of disruptions around the Strait of Hormuz and difficulties affecting crude exports from the Gulf region. According to the agency's latest monthly oil market report, global......

French power prices surge as heatwave squeezes supply and boosts cooling demand

French wholesale electricity prices surged by more than 20% on Tuesday as an intense heatwave increased demand for cooling while tightening power supply, according to LSEG data. Day-ahead electricity prices rose 20.5% to €141 per megawatt-hour, reflecting growing pressure on the French power market......

Demographic shifts redraw the global oil map as India and Africa emerge as key growth markets

The global oil market is entering a period of structural change as demographic trends increasingly influence where energy demand is concentrated. While ageing populations are putting pressure on consumption growth in many advanced economies, younger and rapidly urbanising populations in Asia and Africa......

China inflation slows to 0.5% in July as weak domestic demand persists

China’s consumer inflation weakened more than expected in July, highlighting persistent pressure on domestic demand and underscoring the challenges facing policymakers as they seek to strengthen household consumption. The consumer price index (CPI) rose just 0.5% year on year, according to official......

India's fuel demand reaches four-month high as domestic energy consumption strengthens

India's fuel consumption climbed to its highest level in four months during July, reflecting resilient domestic energy demand despite mixed performance across individual petroleum products. New data released by the country's Petroleum Planning and Analysis Cell (PPAC) showed total fuel consumption......

Canada's services sector remains under pressure despite July PMI improvement

Canada's services industry showed modest signs of stabilization in July, but the sector continued to operate below growth territory as persistent economic uncertainty weighed on demand and business confidence. According to the latest S&P Global Canada Services PMI survey, the Business Activity......

Bank of Japan warns AI boom could keep inflation elevated in Japan

The Bank of Japan (BOJ) has cautioned that the rapid global expansion of artificial intelligence investment could generate sustained inflationary pressure in Japan, suggesting that the country's central bank is increasingly attentive to new structural risks that may influence future monetary policy. In......

BYD extends global sales growth as overseas demand powers July performance

Chinese electric vehicle manufacturer BYD continued its strong global momentum in July, posting a third consecutive month of sales growth as international markets increasingly compensated for slower demand at home. The automaker delivered 419,211 vehicles worldwide during the month, representing a 21.8%......

China's manufacturing activity unexpectedly contracts in July as domestic demand remains weak

China's manufacturing sector unexpectedly returned to contraction in July, highlighting persistent challenges facing the world's second-largest economy as weak domestic demand and rising production costs continue to weigh on industrial activity. Official data released by the National Bureau......