Oil prices edge upwards as US predicts rising demand

clock • 3 min read

US Energy Information Administration downgrades projections for this year, but still expects global demand to rise by almost 1.5 million barrels a day

Upward pressure on global fuel prices looks set to continue, according to a new short-term oulook from the US Energy Information Administration (EIA) predicting global demand for oil will continue to recover...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

'We need a coordinated response': How businesses are ignoring the threat of invasive alien species
Risk

'We need a coordinated response': How businesses are ignoring the threat of invasive alien species

Report warns businesses are failing to respond to the risks invasive alien species can pose to organisations and supply chains

Amber Rolt
clock 17 March 2026 • 6 min read
'Sheer fantasy': Study warns 'drill baby drill' approach to North Sea would result in negligible savings for households
Risk

'Sheer fantasy': Study warns 'drill baby drill' approach to North Sea would result in negligible savings for households

Analysis from Oxford Smith School suggests energy bills can be reduced far more by transitioning to a renewable power system than by maximising North Sea fossil fuel production

James Murray
James Murray
clock 16 March 2026 • 4 min read
TNFD: A tick-box exercise or genuine driver of sustainable change?
Risk

TNFD: A tick-box exercise or genuine driver of sustainable change?

Collaboration between corporate risk and sustainability teams can unlock budget, boost ROI and drive long-term value through through alignment with the Taskforce on Nature-related Financial Disclosures guidelines, writes WTW's Torolf Hamm

Torolf Hamm, WTW
clock 12 March 2026 • 3 min read