Until a few months ago, the global oil market was in a frenzy — prices were rising, OPEC+ was being cautious with its production, and investors were hoping that US and China Oil Demand 2025 would pick up again in the summer. But the summer of 2025 surprised the market.
First the signals came from America. Typically, demand for gasoline skyrockets in the summer, when travel season is at its peak. But this time the situation was different — high inflation, rising interest rates and the growing presence of electric vehicles drove consumers away from petrol pumps. The US Energy Agency (EIA) reported that gasoline consumption fell from 9.7 to 8.6 million b/d. It wasn’t just a statistic, it was a warning.
US and China Oil Demand 2025 On the other hand, China, which has long been the engine of global oil demand, also slowed down. A decline in industrial production, a slowdown in the construction sector and falling exports suppressed energy consumption there. International analysts pointed out that oil demand from China was also lower than expected — and it was this turn that rattled the global oil market.
The market does not take long to react. Brent Crude price, which was at $69.11/barrel a day earlier, soon fell to $67.61. WTI similarly tumbled from $67 to $65.11/barrel. Investors panicked, and OPEC+ was faced with a big question — would they have to reduce production?
But in every crisis there is an opportunity hidden for someone. This decline brought relief to oil importing countries like India. The government immediately accelerated work on a plan to replenish the strategic reserves (SPR) at a low cost. The planning of new reserves in Bikaner, Mangalore and Bina was seen as a new chapter in energy security.
The US and China Oil Demand 2025 may be sluggish in demand today, but their every move still reshapes the global map of oil. This time, the silence came as a reminder — that the energy market is no longer dependent on just supply, but also on the pulse of demand. And when the world’s largest economies slow down, the entire market hears the noise.
