China's crude oil imports have grown at a compound annual growth rate (CAGR) of 9.0%, surging from 1.4 million barrels per day (bpd) in...

In the 12 months ending November 2024, U.S. crude oil imports averaged 6.58 million barrels per day (Mb/D)—35% lower than the peak levels...

In the 12 months ending November 2024, U.S. crude oil imports from Canada reached a record 4.0 million barrels per day (Mb/D), accounting...

In the 12 months ending November 2024, U.S. crude oil exports averaged 4.17 million barrels per day (Mb/D), while imports reached 6.58...

China's crude oil imports have surged from 1.4 million barrels per day (bpd) in 2000 to an unprecedented 11.1 million bpd in 2024,...

Russia, Saudi Arabia, Malaysia, and Iraq supplied 57.5% of China’s crude oil imports in 2024. In 2024, Russia exported 2.19 million...

China's crude oil imports averaged 11.1 million barrels per day (Mb/D) in 2024, reflecting a modest 1.9% decline from 11.3 Mb/D in 2023....

Surpluses in Manufactured Goods and Services Trade with Canada vs. Deficits in Fuels and Crude Materials   In the trailing twelve months...

·      U.S. Trade Deficit: The U.S. goods and services trade deficit reached $873 Billion in 2023, reflecting a long-standing trend of...

In 2023, the U.S. reached a $1.21 trillion non-fuels goods trade deficit, highlighting a persistent and worsening trend since the 1990s....

The commodity price index declined by an average of 2.7% in 2024 compared to 2023 but recorded a slight increase of 0.7% in December 2024...

The U.S. goods trade deficit with Canada reached $75 billion in the 12 months ending September 2024, while the combined goods and...

The oil-to-gold price ratio has experienced significant fluctuations since the collapse of the Bretton Woods system in the early 1970s,...

Following Russia's invasion of Ukraine, European sanctions on Russian energy commodities significantly increased EU imports of fuels and...

In October 2024, China imported 1.78 million barrels per day (Mb/d) of crude oil from Malaysia, making it the second-largest supplier...

In the first nine months of 2024, Russia exported 2.16 million barrels per day of crude oil to China, exceeding Saudi Arabia exports by...

Shifting from a Deficit to a Surplus in Fuel Trade Balance Relative to GDP For decades, fossil fuels and products trade balance to GDP...

In 2023, crude oil production value accounted for 2.3% of global GDP, with an estimated 2.2% in 2024, both below the long-term average of...

In 2023, Global Trade (Exports + Imports) in Integrated Circuits and Semiconductors Reached $2.5 Trillion, Closing in on the $2.7...

After two decades of growth, U.S. energy imports declined by 37% from 2007 to 2023, while energy exports surged by 452%. As a result, the...