Oil Demand Slumped by 614,000 Bpd in December on U.S. Decline
Market Intelligence Analysis
AI-PoweredGlobal oil demand fell by 614,000 bpd in December 2025 due to lower U.S. demand, while oil production surged by 2 million bpd compared to December 2024.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
Global oil demand fell by 614,000 barrels per day (bpd) in December compared to November 2025, and plunged by 536,000 bpd from December 2024, driven by lower U.S. demand, the monthly report by the Joint Organizations Data Initiative (JODI) showed on Thursday. At the same time, oil production surged by 2 million bpd in December 2025 compared to the same month of 2024, according to the most recent data self-reported by 48 countries to JODI and shared by the Riyadh-based International Energy Forum (IEF). The surge…
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