Taking into consideration the text below, would it be possible for you to create demand and supply diagrams to illustrate shifts in the demand and supply curves for oil and explain the price movements by looking at the factors mentioned in my description: demand destruction in the US, rising demand in the rest of the world, increased oil production, and geopolitical tensions? Thank you so much.

Evidence of demand destruction is appearing with preliminary September data suggesting that US gasoline use has dropped to its lowest in 20 years. On the other hand, rising demand in countries like China, India, and Brazil raise the prospects of global oil consumption, with China making up most of this growth. In 2024, the growth in oil use is predicted to slow down to 900,000 barrels a day due to better fuel efficiency and a weaker economy. The latest reports from September indicate global oil production has increased by 270,000 barrels a day, reaching a total of 101.6 million barrels a day, with Nigeria and Kazakhstan contributing to this rise. Surprisingly the conflict between Israel and Hamas did not disrupt oil supply. Oil production is expected to grow by 1.5 million barrels a day, and by 1.7 million barrels a day in 2024, hitting record levels mostly due to countries outside of the OPEC+ group. Although OPEC+ production might drop, Iran and the United States are predicted to lead the boosting of the world's oil supply.

Refinery profits dropped significantly from very high levels during September and October, mainly because the profits from gasoline and fuel oil went down. However, they are still higher than usual for this time of year. The amount of crude oil processed by refineries hit a summer high of 83.6 million barrels per day in August, with China processing more than ever before. Worldwide oil reserves dropped sharply by nearly 64 million barrels in August, with a big decrease of over 102 million barrels in crude oil storage. Early reports indicate that land-stored oil supplies kept getting smaller in September, but the amount of oil stored on ships increased as exports picked up. Stocks of oil in developed countries unexpectedly fell by 6.5 million barrels in August to 2,816 million barrels, which is 105.3 million barrels less than the usual average over the past five years.

Brent crude oil futures increased by $4 per barrel after attacks in the Middle East on October 7, causing traders to rethink the impact of regional tensions on oil supply. In September, prices had already risen by $8 per barrel because Saudi Arabia decided to continue cutting down on its oil production more than required. But these price increases were short-lived, and they fell again in early October due to growing concerns about the global economy.