Crude Oil Price Movements In December, the OPEC Reference Basket … for transport fuels, amid seasonal demand-side pressures. … m-o-m. Crude and Refined Product Trade In … demand. Product outflows increased 6%, driven primarily by fuel oil. Meanwhile, China’s crude …

… Bernstein see Brent crude to average $65 a barrel in 2026, down … s purchases for its strategic petroleum reserve may absorb some excess … forecasts global oil demand growth of about 0.8 million barrels per day … 0.5 million bpd of OPEC supply on an annualised …

… relates to the word ‘fuel.’: Crude oil in and of itself is … refined into thousands of different products, some of which are fuels … contributor to global incremental oil demand growth in the period … What will be worrisome for OPEC, according Taneja is the “ …

… of the Organization of Petroleum Exporting Countries (OPEC) spent much of 2025 … 2023,” JPMorgan strategists wrote. “While demand is robust, supply is simply … administration “pushing for $40 per barrel crude oil … drilling is going to disappear …

… geologist dismissed the country’s petroleum prospects as a “mirage.”  … 100,000 barrels a day. That set off an oil rush … known as OPEC—to defend their interests.  OPEC and rising demand  OPEC’s … of rising demand, a wave of nationalism swept over oil-producing …

… in Yemen. Brent crude is already over $65 per barrel. Geopolitics has … 2020 pandemic lockdowns, implying that demand is being destroyed now as … on Indian imports unless refiners stopped buying Russian oil. Yet there is …

… Trump’s request for domestic oil companies to enter Venezuela … Maduro. Already reeling from low oil prices, U.S. shale … Brent crude oil prices are likely to average $56 a barrel this … a barrel last year, as global production of liquid fuels outpaces demand …

… Australia, the price at petroleum stations can change three times … crude oil remains the primary driver of fuel price volatility, Dangote Refinery … on fuel imports, ease pressure on foreign exchange demand, and … day to 1.4 million barrels per day. In November …

… of his fondness for fossil fuels – and distaste for renewables. … world at 303 billion barrels, according to OPEC – offer the clearest … . economy into a fossil‑fuel‑driven future. This ambition … oil consumer, accounted for around one‑fifth of global demand …

… on roughly 300 billion barrels of oil but produces less than … and complex to extract and refine, and typically sells at … compete with Canadian crude, reducing U.S. demand and potentially offsetting … to other large non-OPEC producers in production relative …