Global Oil Demand Is Heading For Its First Drop Since 2020. What's Driving It?

According to the AP report, global oil consumption in May fell by 5.3 million bpd from a year earlier to an average of 97.9 million barrels per day.

Jul 11, 2026 0

Global Oil Demand Is Heading For Its First Drop Since 2020. What's Driving It?
According to the AP report, global oil consumption in May fell by 5.3 million bpd from a year earlier to an average of 97.9 million barrels per day.
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