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Oil Demand Newsletter
  • Indonesia's Crude Oil Price Falls by US$1.73 per Barrel 16 Jan 2026 09:42 GMT

    … formalized through ministerial decree on crude oil pricing, signed on January 9 … supply and demand outlooks. OPEC raised its forecast for non-OPEC+ oil supply growth … for global oil demand growth in 2025 by 16,000 barrels per day …

  • Nigeria and SA plan to boost fossil fuel production, risking their climate change pledges 16 Jan 2026 11:10 GMT

    … to produce three million barrels per day by 2030 … Petroleum Company. This will likely expand domestic fossil fuel … investment in fossil fuels could jeopardise its … oil demand through 2050. If demand declines after 2030, Nigeria’s expensive fossil fuel …

  • Fuel prices to drop at second pricing window in January—COMAC predicts 16 Jan 2026 11:11 GMT

    … Iran’s 3.3 million barrels per-day output and key … , an agreed production increase. OPEC projects global oil demand to grow by 1 … to the rise in crude oil prices, international petroleum products remain in decline …

  • Oil prices inch up as market evaluates supply risks 16 Jan 2026 09:04 GMT

    … this year despite earlier OPEC expectations for a balanced … Chinese demand or a meaningful bottleneck in physical barrel flows, oil looks … .” On Wednesday, OPEC said oil supply and demand would remain balanced … Wong, adding that WTI crude is expected to trade …

  • Oil Prices Tread Water as Supply Surplus Neutralizes Geopolitical Risk 16 Jan 2026 09:34 GMT

    … robust output from non OPEC producers and steady flows … routes. This dynamic keeps crude prices rangebound and limits upside … the implication is that oil prices will remain sensitive … Chinese demand, where a sustained revival could absorb excess barrels and …

  • Oil prices edge higher as supply risks remain in focus 16 Jan 2026 10:48 GMT

    … crude ⁠gained 50 ‌cents, or 0.78%, to $64.26 a barrel … military action ​that could disrupt oil supplies. "While ( … where around 20 million barrels per day passes," … Chinese demand or a meaningful bottleneck in physical barrel flows, ‌oil looks …

  • Oil Prices Slide as Global Supply Signals Strengthen 16 Jan 2026 07:26 GMT

    … Brent crude retreated to the mid-$64 per barrel range, … same time, OPEC maintained its outlook that oil demand growth in … from recent highs. Fuel oil prices in Fujairah reflected … ongoing adjustments in shipping fuel demand and regulatory compliance. Taken …

  • Nghi Son refinery processes first non-Kuwaiti crude cargo 16 Jan 2026 09:12 GMT

    … the refinery. The shipment, comprising around one million barrels of Das Blend crude oil … process 10–12 million barrels of additional new crude oil annually in combination … Oil Refinery will meet 80-90 per cent of domestic petroleum and diesel demand …

  • Port of Singapore Seeks More LNG Fuel Suppliers 16 Jan 2026 10:56 GMT

    … include securing LNG supply, demand planning, cargo transfers operations, … 2025. "These fuels can offer lower lifecycle … Pte Ltd, Bunker House Petroleum Pte Ltd, Chevron Singapore … Ltd, PetroChina International, Sinopec Fuel Oil (Singapore) Ptd Ltd, TFG …

  • Why petrol is selling for ₦739 at MRS stations nationwide, according to Dangote Refinery 16 Jan 2026 09:01 GMT

    … Nigeria's current fuel demand Dangote Refinery Plc has pushed back against … gives preferential pricing to MRS Oil Nigeria Plc, insisting that petrol … benchmark promoted by the Dangote Petroleum Refinery. A weekend survey revealed that …

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