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  1. www.eia.gov › todayinenergy › detailCrude oil prices increased in 2021 as global crude oil demand ...

    Jan 4, 2022 · Increasing demand and lower supply of crude oil resulted in consistent global petroleum and liquid fuels inventory withdrawals from February through December and contributed to increasing crude oil prices.

    • Brent

      Crude oil prices rise above $100 per barrel after Russia’s...

  2. crsreports.congress.gov › product › pdfOil Markets and Prices in 2021: Demand, Supply, and Policy ...

    Jan 13, 2021 · Oil markets began 2021 following one of the most disruptive years on record. In the first half of 2020, Coronavirus Disease 2019 (COVID-19) pandemic-related demand suppression for oil-derived products (e.g., gasoline, diesel fuel, and aviation fuel) created historically large market imbalances.

  3. www.iea.org › reports › oil-market-report-december-2021Oil Market Report - December 2021 – Analysis - IEA

    Dec 14, 2021 · Global oil demand is now set to rise by 5.4 mb/d in 2021 and by 3.3 mb/d in 2022, when it returns to pre-pandemic levels at 99.5 mb/d. Global oil production is poised to outpace demand from December, led by growth in the US and OPEC+ countries.

  4. www.eia.gov › petroleum › weeklyThis Week in Petroleum - U.S. Energy Information ...

    Gasoline Production, Imports, Stocks, Supply, Prices by Grade and Sales Type, Retail City Average Prices, Data and Analysis from the Energy Information Administration.

  5. www.marketwatch.com › story › why-oil-prices-areWhy oil prices jumped despite the U.S. tapping the Strategic ...

    Nov 23, 2021 · Oil futures rose sharply Tuesday after the Biden administration announced a coordinated, U.S.-led effort by energy consuming countries to release strategic crude reserves. What gives? First off,...

  6. www.iea.org › reports › oil-market-report-august-2021Oil Market Report - August 2021 – Analysis - IEA

    Aug 12, 2021 · Global oil demand is now seen rising 5.3 mb/d on average, to 96.2 mb/d in 2021, and by further 3.2 mb/d in 2022. World oil supply rose by 1.7 mb/d in July to 96.7 mb/d after Saudi Arabia ended its extra voluntary production cut and the North Sea recovered strongly after maintenance.

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  8. www.iea.org › reports › oil-market-report-march-2021Oil Market Report - March 2021 – Analysis - IEA

    Mar 17, 2021 · World oil demand is expected to rebound by 5.5 mb/d in 2021 after contracting by 8.7 mb/d in 2020. Consumption appears to be slightly higher than expected in 1Q21, supported by cold weather in northern Asia, Europe and the US.