Oil markets could shift into surplus in early 2024 as demand growth slows and non-OPEC+ producers lead supply growth, IEA says By Aruni Soni Scott Olson/Getty Images Nov 14, 2023, 8:01 AM PT ...

Consumer surplus: When consumers buy products for less than they're willing to pay, the difference is a consumer surplus. If you purchase a pair of shoes for $100 when you had budgeted $175, your ...

Demand is generally considered to slope downward: at higher prices, consumers buy less. The point at which the two curves intersect represents the market-clearing price—the price at which demand and ...

IEA raises oil demand growth forecasts, flags possible 2024 surplus By Natalie Grover and Alex Lawler November 14, 20233:50 AM PSTUpdated November 14, 2023 ...

China’s EV Boom Is Starting to Pinch Oil Producers Big, integrated oil companies could face a double whammy from the shift in China’s car market By Jacky Wong Follow Dec. 23, 2024 7:00 am ET ...

HOUSTON, Aug 25 (Reuters) - High energy prices could almost double oil producers' free cash from operations this year to $1.4 trillion, money that can be used to finance a shift to renewable fuels ...