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Oil Demand Newsletter
  • Government receives interim report on possible restart of oil refinery 06 Dec 2025 20:34 GMT

    … regional and extra-regional demand for low-sulphur fuels. Prime Minister Persad-Bissessar … approximately 100,000 barrels of crude oil a day for the refinery. That means spending … the price you pay for fuel,” he said during a November …

  • Oil prices expected to stay weak in 2026 06 Dec 2025 21:46 GMT

    … between $61 and $71 per barrel. This is certainly positive news … in prices due to rising demand, especially if production is … oil and petroleum products. Such a move would increase the supply of crude … . On the other hand, OPEC+ countries cannot fully commit to …

  • ‘Crippling prices’: Manufacturers demand gas reservation 06 Dec 2025 18:37 GMT

    Global prices surged in 2022 when Russia invaded Ukraine, resulting in sanctions on Russian gas exports and a global energy crunch. Meanwhile, the cheapest domestic gas reserves, including vast Bass Strait oil and gas fields that have supplied the south- …

  • Oil climbs to two-week high on Fed rate-cut signals, supply concerns 06 Dec 2025 18:14 GMT

    …  25 basis points. Brent crude futures settled at $63. … US West Texas Intermediate (WTI) crude finished at $60.08.  …  determine whether oil supplies from the two sanctioned Opec+ members will …  sources estimated. Weaker coal demand weighed on prices, with weather …

  • Qatar stated that AI demand and insufficient investment could lead to LNG shortages 06 Dec 2025 17:25 GMT

    … of Energy stated that global demand for liquefied natural gas will … that the biggest problem for oil prices is a global … Kaabi noted that the ideal oil price for financing the … 80 per barrel. Qatar withdrew from the Organization of the Petroleum Exporting …

  • India’s Russian oil boom undermines Western sanctions, Ukrainian officials warn 06 Dec 2025 16:36 GMT

    refiners continue buying discounted Russian crude and exporting refined fuel … $200 per barrel." He … demand that analysts say would collapse if Russian-origin crudepetroleum products produced out of Russian oil, they should shut down Turkish refineries

  • NNPC Settles $3bn Loan Using N991bn Worth of Crude – Report 06 Dec 2025 14:27 GMT

    … National Petroleum Company Limited (NNPC Ltd) has reportedly used crude oil … partly used to ease demand pressure in the forex … loan, including repayment schedules, barrels pledged, and the long- … NNPC. Although the Dangote Refinery and other domestic refining …

  • Production Outages in Nigeria and Other Members Push OPEC Crude Output Down in November 06 Dec 2025 14:10 GMT

    … in the Organisation of Petroleum Exporting Countries’ output … balancing supply and demand, taking into account … create ripple effects across fuel prices, refining operations … oil extraction and export logistics. In conclusion, the November decline in OPEC crude

  • Delta Oil Communities Want NOSDRA DG Sacked, NEPL Management Overhaul 06 Dec 2025 12:36 GMT

    … compensation for spills, hazardous oil waste pollution  Omon-Julius … realities in the Ijaw oil producing communities by defending … mincing words about their demand for compensation and remediation … in line with the  Petroleum Industry in Nigeria ( EGASPIN …

  • Oman’s refinery output rises 10.9% in 2025 as fuel and petrochemical production climbs 06 Dec 2025 12:13 GMT

    … dip in car fuel output compared to September. Key oil derivatives and … to 2.16 million barrels. Premium 95 fuel recorded an even stronger … 5.28 million barrels, reflecting softer aviation-sector demand. Liquefied petroleum gas (LPG …

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