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oil demand

Oil prices climb on strong demand, Middle East crisis

Sopuruchi Onwuka The prices of crude at international commodity exchanges surged on Thursday as the International Energy Agency (IEA) agreed with rival Organization of Petroleum Exporting Countries (OPEC) that global demand for petroleum energy will remain string in the year….

Oil demand to slow by 2028 __IEA

New medium-term report by the International Energy Association (IEA) sees oil use for transport going into decline after 2026, but overall consumption is expected to be supported by strong petrochemicals demand. Growth in the world’s demand for oil is set…

Ford Transit gets EV successor

Ford Motor Company has declared it has started shipping the 2022 E-Transit van, the electric version of the popular Ford Transit cargo van. The roll out would be the first models of Ford’s all-electric cargo van. Although the company is…