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IEA OMR forecasts global oil demand growth for 2026
21 Jan 2026 12:43 GMT
… which forecasts global oil demand growth to average thousand barrels per day (kb … number of Middle Eastern OPEC producers was partly offset by … . Widening discounts for Russian crude oil and refined products nevertheless undermined monthly export …
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Oil Demand Outlook Improves as Lower Prices Support 2026 Consumption Growth
21 Jan 2026 15:29 GMT
… s oil demand growth is set to rise by 930,000 barrels per … the IEA had expected global oil demand growth at 860,000 bpd … Middle Eastern OPEC producers in recent weeks, global oil supply is … agency noted.
“Indeed, benchmark crude oil prices remain $16/bbl …
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IEA raises its forecast for global oil demand growth in 2026
21 Jan 2026 13:00 GMT
… #47;. Global oil demand will increase by 932,000 barrels per day (bpd …
In December, the agency forecast demand growth of 863,000 bpd …
According to the agency, global oil demand in 2025 will amount to … bpd).
In 2026, global demand is expected to reach 104 …
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Global oil demand growth to rise in 2026, IEA says
21 Jan 2026 09:41 GMT
… revised its 2026 global oil demand growth forecasts higher on … Wednesday in its latest monthly oil market report, suggesting a … expects global oil demand to rise by 930,000 barrels per day … That suggests global oil supply will exceed demand by 3.69 …
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Crude palm oil prices seen range-bound on seasonal supply decline
21 Jan 2026 15:50 GMT
… key palm oil industry group in Malaysia, foresees crude palm oil prices to … biodiesel mandate, a recovery in crude oil prices, or clarity on U … . biofuel policy that boosts soybean oil demand.
Crude palm oil prices have remained firm …
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Oil Prices Advance As Trump’s Trade Threats And Global Tensions Fuel Market Anxiety
21 Jan 2026 14:06 GMT
… Brent crude futures rose modestly to $63.65 per barrel, … crude climbed roughly 0.4% to $59.69 per barrel, … flows and trade-linked demand.
Investor sentiment was particularly … growth and resilient oil demand, have continued to underpin crude prices. However …
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Domestic refineries seek govt support to increase production, end petrol importation
21 Jan 2026 13:28 GMT
… Crude Oil Refiners Association of Nigeria (CORAN) said its members, including the Dangote Petroleum Refinery … , have sufficient installed capacity to meet national fuel demand … the 650,000 barrels-per-day Dangote refinery, petrol imports …
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Chevron plans to finalise Singapore oil assets sale in Q1: sources
21 Jan 2026 13:34 GMT
… Petroleum unit.
SRC runs a 290,000 barrel a day refinery … blends and supplies transportation fuels, base oil, marine and finished … expansion of our overseas fuel oil business through asset acquisition, … jet fuel-related facilities to respond to the demand for …
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Energy game-changer: BPCL revamps Vadinar–Bina pipeline to safeguard India’s fuel future
21 Jan 2026 13:01 GMT
Bharat Petroleum Corporation Limited (BPCL), a Fortune … and ensure uninterrupted crude oil transportation amid rising domestic energy demand and evolving … national asset supplying crude oil to BPCL’s Bina Refinery.
The modernisation programme …
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Foreign oil disruption sent crude prices climbing on Tuesday
21 Jan 2026 13:10 GMT
… more than 1% increase in crude oil prices on Tuesday while … could drive fuel demand, reported Reuters.
West Texas Intermediate crude for February … closed at $64.92 a barrel.
Natural gas soared by … for the day. Empire Petroleum Corporation recorded an 8% loss …