Crude Oil Market Demand Rising Across Transportation, Manufacturing, and Energy Generation Sectors
The global crude oil market size was valued at USD 3,278.00 billion in 2023 and is projected to grow from USD 3,364.55 billion in 2024 to USD 4,111.30 billion by 2031, exhibiting a CAGR of 2.90% during the forecast period. The market continues to play a vital role in the global energy landscape, driven by rising energy consumption, industrial development,...
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