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WORLDJul 10 · 21:13 UTCWDIV CLICKONDETROITCathy Bussewitz, Associated Press

Global oil demand is dropping, but US drivers keep buying more gas

Global oil demand is declining due to higher prices and supply disruptions from the U.S.-Iran conflict, with China significantly cutting oil purchases and increasing electric vehicle use. However, U.S. gasoline consumption rose despite elevated pump prices.

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International Energy AgencyorganizationJim BurkhardpersonS&P Global EnergyorganizationDaniel SternoffpersonCenter on Global Energy PolicyorganizationColumbia UniversityorganizationChinaplaceUnited StatesplaceIranplaceStrait of Hormuzplace
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