Henan Dongfanglong Machine Manufacture Co., Ltd

Henan Dongfanglong Machine Manufacture Co., Ltd

Demand Rebound in 3Q25, Led by China

2025 11/22

 

Demand Rebound in 3Q25, Led by China

World oil demand growth experienced a significant rebound in the third quarter of 2025, surging to 920,000 barrels per day (kb/d). This uptick was largely propelled by stronger deliveries in China, as the macroeconomic landscape improved with the easing of trade tensions. The third - quarter increase was more than double that of the second quarter, which saw a year - on - year expansion of 430 kb/d. For the entirety of 2025, global oil demand gains are projected to reach 790 kb/d year - on - year, with the United States, China, and Nigeria leading the charge, each contributing around 120 kb/d year - on - year. Looking ahead to 2026, the growth rate is expected to maintain a similar pace, at 770 kb/d year - on - year.