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Oil Demand Newsletter
  • Canada and Venezuela are both major oil producers. How does their production impact the global oil market? 18 Jan 2026 16:45 GMT

    … an estimated 300 billion barrels of oil reserves, while Alberta has … on Venezuelan oil are eased and more crude oil starts to … further depressing prices. The demand for oil is also expected to decline … often sell oil at a discount to U.S. refineries, who …

  • U.S. to Expand LNG Capacity as Global Demand Continues to Surge 18 Jan 2026 18:49 GMT

    … exporting both LNG and oil," Menezes told media … Washington. Current petroleum shipments exceed 3 million barrels daily, he … "In fact, the demand has been so great globally … he said. AI Revolution Fuels Electricity Surge Explosive artificial …

  • Oil, Dollars, Gold, & Venezuela In A Nutshell 18 Jan 2026 18:45 GMT

    … both USD and UST demand, making global oil sales via the petrodollar … solution. Furthermore, anyone, including OPEC, who tracked oil prices throughout the decades … surprise. US refineries are designed for the heavy crude which Venezuela holds …

  • Anambra Community Protests Ten Years Of SEEPCO’s Exploitative Oil Exploration, Urges Govt Intervention 18 Jan 2026 16:18 GMT

    … years of oil exploration by an oil company called Sterling Petroleum Energy … ” We have gas, we have crude but the government of Anambra … government is commensurate with the oil being taken out. “The … amenities in place. “We demand that the company build roads …

  • Fuel could sell for GH¢9.50 without NPA price floor 18 Jan 2026 12:10 GMT

    … m. to support night-time demand. However, he lamented that … the night-time economy when demand is lower… but that … oil marketing companies (OMCs) from being pushed out of the market. Fuel … pumps. Ghana’s downstream petroleum sector was fully deregulated in …

  • Energy Security as Hierarchy: Venezuelan Oil in the US-China-Russia Triangle 18 Jan 2026 10:37 GMT

    … ,000 barrels per day—about 4% of China’s seaborne crude imports … leading marketer of Venezuelan oil by trading crude as debt repayment and … ;rise-chinas-independent-refineries/;. Downs, Erica. 2025. China’s Oil Demand, Imports and …

  • US plans to double LNG export capacity amid rising global demand 18 Jan 2026 09:28 GMT

    … in response to rising global demand, according to the head of … significantly exporting both LNG and oil,” Mark Menezes told reports on … to more than 3 million barrels per day,” noting that US … LNG export. “In fact, the demand has been so great globally …

  • US plans to double LNG export capacity amid rising global demand 18 Jan 2026 09:11 GMT

    … in response to rising global demand, according to the head of … significantly exporting both LNG and oil,” Mark Menezes told reports on … to more than 3 million barrels per day,” noting that US … LNG export. “In fact, the demand has been so great globally …

  • Oil settles up, Asia spot LNG prices rise 18 Jan 2026 07:09 GMT

    … weather outlook that spurred some demand, lifting prices to their … military strike against Iran. Brent crude futures settled at $64. … a quarter of global seaborne oil supplies pass. However, analysts … expectations of higher global oil supply this year could …

  • Nigeria’s crude oil purchases from US rise to 42m barrels 18 Jan 2026 04:33 GMT

    oil producer and an OPEC member, it has historically exported crude while importing refined … 559 barrels of crude oil were supplied to local refiners for … fell short of refiners’ demand by a wide … the $20bn Dangote Petroleum Refinery in Lagos relies heavily …

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