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Oil Demand Newsletter
  • In Boost for Oil Output, NNPC Set to Begin Export of New Crude Grade in March 25 Feb 2026 03:21 GMT

    … 2 million barrels and aims to boost crude oil transportation … said. Nigeria’s OPEC+ crude output quota is 1 … Nigeria’s downstream petroleum sector, the Dangote Petroleum Refinery & … national demand, effectively positioning the country for sustained fuel

  • Palm oil growers cry foul as imports eat into profits 25 Feb 2026 04:59 GMT

    … billion, supported by higher crude palm oil (CPO) prices of $ … $154.62 million importing crude palm oil in 2024, according to … palm oil.” Ibru noted that imports of crude palm oil ought … , increasing edible oil demand and widening the supply-demand gap. Read …

  • Oil flirts with seven-month highs ahead of US-Iran talks 25 Feb 2026 06:44 GMT

    … , at $71.20 a barrel at 4pm GMT. West Texas … , the third-biggest crude producer in oil cartel Opec, and other countries … is exceeding demand. According to market sources, the American Petroleum Institute … in US oil stockpiles of 11.43-million barrels in the …

  • Palm oil prices fall for the third consecutive session due to weak demand and a strong ringgit 25 Feb 2026 06:05 GMT

    … Testing Services, exports of palm?oil from Malaysia for the period … Tuesday that the price of crude palm oil is expected to be … , improved demand from India, and strong U.S. soy oil prices. … in the global vegetable oil market, palm oil tracks price changes of …

  • Entertainment is the next hope for Nigeria after oil (2) 25 Feb 2026 03:17 GMT

    … between economic development and the demand for leisure; the growth … alone! Entertainment as the new oil As stated above, Price … /823542-now-that-crude-oil-is-worthless-heres-another-option … cable and radio with on-demand streaming platforms like Netflix …

  • Trump's plan for rising energy costs: Pump oil, make data centers pay 25 Feb 2026 04:17 GMT

    … ramping up domestic production of oil, gas and coal, residential … Trump has also championed fossil fuel production and on Tuesday doubled … production of American oil and new imports of oil from Venezuela. … that can keep up with demand, ensure utility bills don’ …

  • Moscow Reroutes Oil to China on Largest Vessels After India Slowdown 25 Feb 2026 03:11 GMT

    … drop in Indian demand for Russia’s oil have prompted Moscow … of carrying 2 million barrels of crude.  In recent weeks, … withdrawal of the Indian refiners from spot Russian purchases, … discounted for Chinese independent refiners.    By Charles Kennedy for …

  • Oil analysts say there is a supply glut — why that hasn’t translated to lower prices this year 25 Feb 2026 03:05 GMT

    … Yahoo Finance. Futures on Brent crude (BZ=F), the international … Organization of the Petroleum Exporting Countries, or OPEC+, spent much of … for Brent crude to average $56 per barrel in 2026, … a barrel of oil right now, based on supply and demand fundamentals …

  • Oil prices hover near seven-month highs ahead of US-Iran talks 25 Feb 2026 02:41 GMT

    … at $71.22 ‌per barrel, up 45 cents, or … third-biggest crude producer in the Organization of the Petroleum Exporting … ​exceeding demand. According to ⁠market sources, the American Petroleum Institute late … U.S. oil stockpiles of 11.43 million barrels in the …

  • Oil prices hover near seven-month highs ahead of US-Iran talks 25 Feb 2026 02:41 GMT

    … at $71.22 ‌per barrel, up 45 cents, or … third-biggest crude producer in the Organization of the Petroleum Exporting … ​exceeding demand. According to ⁠market sources, the American Petroleum Institute late … U.S. oil stockpiles of 11.43 million barrels in the …

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