The main exception to the global slump in oil usage was in the U.S., where gasoline use increased in the second quarter of 2026.

Global oil consumption is on course to shrink this year for the first time since the COVID-19 pandemic, the International Energy Agency has said, as the war between the US and…

Global oil demand is set to decline this year for the first time since 2020

The main exception to the global slump in oil usage was in the U.S., where gasoline use increased in the second quarter of 2026.