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Oil Demand Newsletter
  • Oil Rangebound As China Trade Deal, OPEC Output Clash For Attention 27 Oct 2025 23:49 GMT

    … the Organization of the Petroleum Exporting Countries (OPEC) would increase output … at $65.68 per barrel, West Texas Intermediate declined … the ongoing perception of weakening demand, and on that score … Insights, agreed, saying the oil market was dealing with …

  • PENGASSAN crisis: Dangote refinery redeploys sacked engineers to Borno, Zamfara, others 27 Oct 2025 23:56 GMT

    … stipulates that only crude oil unsuitable for local … years of dependence on fuel importation. The expansion … fuels due to limited local refining capacity. Dangote said demand for refined petroleum … the Dangote Petroleum Refinery from 650,000 barrels per day …

  • India’s US crude imports for Oct highest since 2022 28 Oct 2025 03:11 GMT

    … structural shift. India’s oil imports from the United … over purchase of discounted Russian oil. Latest data from Kpler, … shows US crude imports rising to 540,000 barrels per day … Chinese demand made American shipments competitive for Indian refiners on …

  • Dangote unveils ambitious refinery expansion 28 Oct 2025 01:09 GMT

    … strategic response to growing regional fuel demand and a strong vote of … continent’s top crude oil producers, its reliance on imported petroleum products continues … are expanding the Dangote Refinery from 650,000 barrels per day to …

  • India’s crude oil import from US surges to record level since 2022 28 Oct 2025 02:04 GMT

    … country’s crude oil imports from the US reached 540,000 barrels per … Brent and WTI oil prices, along with weak demand from China, made … -grade WTI Midland oil more attractive for Indian refiners. These conditions opened …

  • Tinubu pledges support for Dangote Refinery, rallies Africa on $120b oil potential 28 Oct 2025 02:54 GMT

    … Dangote Refinery’s planned expansion from 650,000 barrels per … Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, gave … global pressure to abandon fossil fuels. Citing recent data from … per cent of global energy demand by 2050. Africa must …

  • Dangote Refinery targets 1,000MW power boost in $20bn expansion 28 Oct 2025 01:36 GMT

    … capacity to 1.4 million barrels per day (bpd). … on importing refined petroleum products. Dangote estimated the refinery’s annual … been just to refine oil but to refine opportunities for our … by reducing import-related dollar demand. “Nigerians today buy …

  • OPEC Plans Send Oil Prices Lower as Gas Prices Rise 28 Oct 2025 00:18 GMT

    Plans by OPEC to raise oil output sent crude prices slightly lower on … settling at $61.41 per barrel on the New York Mercantile … forecasts pointed to stronger seasonal demand and tighter inventories across … remains key as winter demand begins to shape the …

  • Opec plus likely to increase oil output in December 28 Oct 2025 01:46 GMT

    … largest oil companies last week, spurring a rally above $66 a barreldemand heading into the northern hemisphere winter, a fifth source said. Opec … + comprises the Organisation of the Petroleum Exporting Countries plus …

  • NCDMB to train over 10,000 Nigerians in oil, gas sector  28 Oct 2025 02:52 GMT

    … gas industry. The programme, titled “Oil and Gas Field Readiness Training … , including the Petroleum Technology Association of Nigeria (PETAN), the Oil Producers Trade … the Petroleum Technology Development Fund (PTDF) to identify skills in high demand

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