Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Global oil demand dropped due to supply shortages, causing inventories to fall.
Global oil demand dropped sharply in April due to supply shortages rather than high prices, according to a JPMorgan report.
Supply disruptions reached 13.7 million barrels per day, driven by issues linked to the Strait of Hormuz, with spare capacity in Saudi Arabia, the UAE, and Russia insufficient to fill the gap.
This "forced demand loss" caused global inventories to fall, with the Middle East, Asia, and Africa seeing an 87% drop in consumption.
Petrochemical and aviation sectors were hit hardest, with India's LPG use dropping 13% year-on-year.
15 Articles
La demanda mundial de petróleo cayó debido a la escasez de suministro, lo que provocó la caída de los inventarios.