Back to today’s briefing

Story perspectives

Global Oil Demand Surges as U.S. Crude Exports Hit Record

1/21/2025

44 8

Summary

Story summary

Global oil demand is expected to rise by 1.4 mb/d in 2025 and 2026, primarily from non-OECD nations.
U.S. crude imports decreased to 6.5 mb/d in December, while exports hit a record 7.01 mb/d.
U.S. inflation increased to 2.9% in December, with core inflation remaining stable.
China's central bank aims to ease monetary policy to bolster economic growth amid ongoing trade tensions with the U.S.

1 of 1

Story summary

Global oil demand is expected to rise by 1.4 mb/d in 2025 and 2026, primarily from non-OECD nations.
U.S. crude imports decreased to 6.5 mb/d in December, while exports hit a record 7.01 mb/d.
U.S. inflation increased to 2.9% in December, with core inflation remaining stable.
China's central bank aims to ease monetary policy to bolster economic growth amid ongoing trade tensions with the U.S.