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Oil Demand Newsletter
  • Brent Steadies Above US$71 With OPEC+ and Iran Talks in Focus 27 Feb 2026 11:04 GMT

    Brent crude oil held just above $71 per barrel on Friday, February 27, … that Organisation of the Petroleum Exporting Countries (OPEC) member states broadly need … Ghana, which imports refined petroleum products to meet domestic fuel demand, the Brent price …

  • Oil set to end week lower after US and Iran extend talks 27 Feb 2026 08:35 GMT

    … . Brent crude futures lost 5c to $70.70 a barrel by 3 … .31am GMT. US West Texas Intermediate (WTI) crude … Iran, as well as a demand for the delivery of all … as Opec+, are likely to consider raising oil output by 137,000 barrels …

  • The Iran Risk Is Keeping Oil Prices Elevated 27 Feb 2026 11:32 GMT

    … . The current build could reflect refinery maintenance, weather disruptions, or import … .S. Strategic Petroleum Reserve currently holds roughly 415 million barrels of crude oil. That … days of total U.S. petroleum demand. However, that figure requires context …

  • Stocks mostly rise, oil jumps tracking AI and Iran 27 Feb 2026 12:24 GMT

    … ; Pineda added. Elsewhere on Friday, oil prices jumped almost two percent … 's negotiating team would demand that Iran dismantle its three … the United States. "For oil prices, we have seen significant … Sea Crude: UP 1.8 percent at $72.11 per barrel West …

  • Saudi Arabia may raise April crude prices to Asia, first hike in 5 months 27 Feb 2026 09:30 GMT

    … five months due to higher ⁠demand from India, in an … ‌the Petroleum Exporting Countries and its allies, known as OPEC+, is … likely to consider raising its oil output by 137,000 barrels … the first quarter. Saudi crude OSPs are usually released around …

  • UK project to use Fischer-Tropsch technology to produce sustainable aviation fuels 27 Feb 2026 10:08 GMT

    … and water into synthetic crude oil. The FT Unicracking technology … -fuels.” The company was busy holding talks with airlines, fuel … next decade, global SAF demand was expected to increase … “Working alongside Carbon Neutral Fuels and Honeywell highlights how …

  • DA seeks to scale oil palm sector amid rising domestic demand 27 Feb 2026 11:28 GMT

    … reduce reliance on palm oil imports. Agriculture Secretary Francisco … make annually. At present, oil palm plantations cover roughly … are 11 palm oil mills and five refineries nationwide. In a … percent amid increased household demand for a cheaper alternative …

  • Rice, fish, fuel costs may push February inflation above 3%—BSP 27 Feb 2026 08:45 GMT

    … fish, compounded by elevated petroleum prices, could have quickened … and fish, elevated domestic petroleum prices, and increased electricity … oil prices, with West Texas Intermediate (WTI) at $65 per barrel … contingent on the rice demand-supply dynamics in the …

  • Petroleum Governance at a Crossroads: Namibia Must Resist Centralism in Resource Control 27 Feb 2026 09:39 GMT

    … and technical expertise. Managing petroleum policy requires deep knowledge … required for effective upstream petroleum governance. The “major … pivotal point. Offshore oil discoveries bring the possibility … must step up, demand openness, and ensure decisions …

  • TotalEnergies Locks In Massive 20-Year Alaska LNG Deal To Fuel Asia 27 Feb 2026 10:45 GMT

    On Thursday, TotalEnergies SE (NYSE:TTE) entered into a preliminary agreement with Glenfarne to secure a long-term supply of liquefied natural gas (LNG) from the Alaska LNG project. This strategic move involves acquiring 2 million tons per year over 20 …

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