The U.S. Energy Information Administration has revealed that global oil supplies exceeded demand in 2025, leading to a sharp ...

Boosting adoption of electric vehicles for personal and commercial ground transportation can greatly reduce oil consumption.

The US remains the top oil producer and consumer worldwide, outpacing competitors like Saudi Arabia and Russia. Brent crude and WTI prices in 2022 were the highest since 2013, reflecting a significant ...

In this piece, we are going to look at the Top 25 Countries with the Highest Oil Consumption in the World. You can skip our detailed discussion on how the oil market is doing in 2024, and go directly ...

The International Energy Agency's (IEA) World Energy Outlook predicts an increase in oil and gas consumption through 2050, with the US set to remain the world’s largest producer. The IEA projected ...