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Jim Burkhard

Coverage of Jim Burkhard in the Nexus archive.

Earliest in view: Jul 10 · 21:13 UTCMost recent: Jul 10 · 21:13 UTC
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Recent coverage
  • BUSINESSJul 10 · 21:13 UTCWPLG LOCAL 10 MIAMI
    Global oil demand is dropping, but US drivers keep buying more gas

    Global oil demand is expected to decline in 2026 due to higher prices and supply disruptions from the U.S.-Iran war, which blocked shipments through the Strait of Hormuz. China reduced oil purchases by 50% and cut strategic reserves, while U.S. gasoline use increased despite higher prices.

  • WORLDJul 10 · 21:13 UTCWDIV CLICKONDETROIT
    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.