Econotastes | July 28 - August 2 🛢️ "Oil Demand Has Changed: Winter Is No Longer Peak Season"

Written By Native Capital

For decades, global oil consumption exhibited clear seasonal patterns, with winter (Q4) driving higher demand due to heating needs in the northern hemisphere. However, that pattern has collapsed. Today, Q4 no longer leads to demand peaks

Durante décadas, el consumo mundial de petróleo mostró patrones estacionales claros, siendo el invierno (Q4) la temporada de mayor demanda debido a las necesidades de calefacción en el hemisferio norte. Sin embargo, ese patrón se ha derrumbado. Hoy, el cuarto trimestre ya no lidera la demanda

This collapse suggests a decoupling from traditional heating-driven consumption cycles, influenced by:

  • Efficiency gains and electrification in heating systems,

  • Warmer winters due to climate change,

  • Structural economic shifts in major consuming nations.

Causas del colapso estacional:

  • Ganancias en eficiencia energética y electrificación de sistemas de calefacción,

  • Inviernos más cálidos por el cambio climático,

  • Cambios estructurales en las principales economías consumidoras.

Native Capital
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Econotastes | December 9 - 15 📊 "Insider Activity: Market Signal or Distortion?"