AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Oil Daily | China's Oil Demand Declines as EVs Rise, India Poised to Lead Global Demand by 2030
Generated by AI AgentAinvest Market Brief
Monday, Aug 18, 2025 8:01 am ET1min read
Aime Summary【Global Oil Supply and Demand】
Northwest Colorado and southwest Wyoming have an estimated 3 million barrels of oil and 666 billion cubic feet of gas recoverable, according to a USGS assessment. The Phosphoria Total Petroleum System, after 100 years of production, is nearing depletion and has little oil remaining but more gas. The Mowry Composite Total Petroleum System holds significant potential with 473 million barrels of oil and 27 trillion cubic feet of natural gas. These resources could bolster domestic energy supply and fuel local economies.
China's crude oil storage declined from 1.42 million barrels daily in June to 530,000 barrels daily in July, signifying increased demand. Refinery rates rose to 14.85 million barrels daily, an 8.9% increase from July 2024 but a 2% decline from June 2025. Despite inventory building, China is shifting towards affordable EVs and LNG trucks, affecting oil demand.
【Latest Oil Policies】
The UK produced 14.08 TWh of electricity from solar panels from January to August, 30% more than the same period in 2024, powering 5.2 million homes for a year. Battery storage remains insufficient to offset weather dependence. The Labour government plans to boost solar capacity to 45-47 GW by 2030 for 95% non-hydrocarbon electricity.
【Industry News】
Indian Oil Corp. will launch its first sustainable aviation fuel facility by year's end, with a 35,000-ton capacity. SAF production from waste materials is crucial for reducing aviation emissions but costly due to the complex conversion process. SAF producers face challenges as commitments from air carriers diminish, leading to reduced availability.
【Others】
Despite China's oil demand changes due to EVs and LNG trucks, analysts predict India will become the top demand driver for crude oil by 2030, as China's demand growth peaks. Factors include a slower Chinese economy, shrinking population, and plateau in car ownership amidst the world's largest EV market.
Northwest Colorado and southwest Wyoming have an estimated 3 million barrels of oil and 666 billion cubic feet of gas recoverable, according to a USGS assessment. The Phosphoria Total Petroleum System, after 100 years of production, is nearing depletion and has little oil remaining but more gas. The Mowry Composite Total Petroleum System holds significant potential with 473 million barrels of oil and 27 trillion cubic feet of natural gas. These resources could bolster domestic energy supply and fuel local economies.
China's crude oil storage declined from 1.42 million barrels daily in June to 530,000 barrels daily in July, signifying increased demand. Refinery rates rose to 14.85 million barrels daily, an 8.9% increase from July 2024 but a 2% decline from June 2025. Despite inventory building, China is shifting towards affordable EVs and LNG trucks, affecting oil demand.
【Latest Oil Policies】
The UK produced 14.08 TWh of electricity from solar panels from January to August, 30% more than the same period in 2024, powering 5.2 million homes for a year. Battery storage remains insufficient to offset weather dependence. The Labour government plans to boost solar capacity to 45-47 GW by 2030 for 95% non-hydrocarbon electricity.
【Industry News】
Indian Oil Corp. will launch its first sustainable aviation fuel facility by year's end, with a 35,000-ton capacity. SAF production from waste materials is crucial for reducing aviation emissions but costly due to the complex conversion process. SAF producers face challenges as commitments from air carriers diminish, leading to reduced availability.
【Others】
Despite China's oil demand changes due to EVs and LNG trucks, analysts predict India will become the top demand driver for crude oil by 2030, as China's demand growth peaks. Factors include a slower Chinese economy, shrinking population, and plateau in car ownership amidst the world's largest EV market.
Ainvest Market Brief
Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.
Latest Articles
Morning Market Pulse: Trump Crypto Liquidity Crisis & Gold’s $4K Surge
Jan.01 2026
Morning Market Pulse: Trump’s $50B AI Push and Fed’s Rate Control Shape Pre-Open Outlook
Dec.31 2025
What to Trade Today: Mixed Market Sentiment and Short-Term Volatility in Focus
Dec.31 2025
Morning Market Pulse: Trump Diplomacy & Fed Outlook Shape Pre-Open Sentiment
Dec.30 2025
What to Trade Today: Gold Surges and Strong Semiconductor Signals as Volatility Reigns
Dec.30 2025
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet