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Global Oil Demand Surged in September
Market Intelligence Analysis
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Why This Matters
Global oil demand surged by 1.4 million bpd in September, driven by increased consumption in the US and Indonesia, while crude oil exports also rose by 1.3 million bpd from August.
Market Impact
Market impact analysis based on bullish sentiment with 81% confidence.
Sentiment
Bullish
AI Confidence
81%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The world’s oil demand jumped in September by 1.4 million barrel per day (bpd) compared to August and by 1.8 million bpd from a year earlier, driven by higher consumption in the United States and Indonesia, the monthly report by the Joint Organizations Data Initiative (JODI) showed on Wednesday. At the same time, global crude oil exports rose by 1.3 million bpd in September from August and by 1.5 million bpd compared to September last year, according to the most recent data self-reported by 44 countries to JODI and shared by the Riyadh-based…
Original article published by
OilPrice.com
on November 19, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.