Global oil demand is falling, and crude prices are down. But here’s why gasoline, diesel and other refined products are still costly
- Posted on July 11, 2026
- By Fortune
- 1 Views
- 1 min read
Global oil demand is falling, and crude prices are down. But here’s why gasoline, diesel and other refined products are still costly
The main exception to the global slump in oil usage was in the U.S., where gasoline use increased in the second quarter of 2026.
