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Oil Demand Newsletter
  • IndianOil, Nayara Energy lead rural push as India’s fuel retailing stations surpass 1 lakh 24 Dec 2025 15:05 GMT

    … villages. ONGC subsidiary Mangalore Refinery and Petrochemicals (MRPL), which … increase as the demand for auto fuels appreciates. Besides, … 2025-2030. The demand for POL (Petroleum Oil & Lubricants) … s oil demand to increase by a steep 1 million barrels

  • 'Oil will still be in demand' as world struggles to move beyond fossil fuels 24 Dec 2025 14:12 GMT

    … more economical and consume less fuel – but overall consumption is still … to move away from fossil fuels,” he said. Tsakos Energy Navigation … view. “I remember when peak oil demand was expected around the turn …

  • Green California has a Big Oil problem 24 Dec 2025 16:36 GMT

    … of Santa Barbara County dumped crude oil into the Pacific Ocean. … refineries.  The failed pipe in the aging oil field released toxic petroleum … less and less and less demand for gasoline,” Sivas said. … air pollution from fossil fuels causes tens of thousands …

  • NNPCL Secures ₦318bn for Fresh Oil Exploration Drive 24 Dec 2025 16:36 GMT

    … company’s mandate under the Petroleum Industry Act (PIA), … meet OPEC quota allocations due to pipeline vandalism, oil theft, … estimate of 37 billion barrels, restoring investor confidence in … reduce carbon emissions, demand for fossil fuels is projected to …

  • Oil Prices Climb Despite Oversupply Fears 24 Dec 2025 17:14 GMT

    … Information Administration’s weekly petroleum report, which has been … a 1.3-million-barrel crude draw that pushed U. … refineries running at 94.8% of operable capacity, processing demand … Light Crude Oil Futures Trend Indicator Analysis Light crude oil futures …

  • Petroleum product consumption growth slows in 2025: ICRA Vice President 24 Dec 2025 16:29 GMT

    … in consumption growth of petroleum products (POL). Consumption … of production cuts by OPEC+ amid slowing demand growth. Accordingly, … 47;barrel since then. So, one impact of lower crude oil prices … year is that new refineries are being conceptualised with …

  • Dangote Refinery Alone Cannot Meet Nigeria’s Fuel Demand, Marketers Insist 24 Dec 2025 15:39 GMT

    Oil marketers have reiterated that the Dangote Petroleum Refinery, despite … handedly meet Nigeria’s fuel demand, stressing the need … fuels. They noted that even at optimal performance, no single refinery … pricing, access to crude oil and foreign exchange can …

  • Reps Pledge Tight Oversight of Crude-for-Naira Initiative 24 Dec 2025 16:36 GMT

    … . Under the programme, crude oil will be allocated to … revenue shortfalls and unaccounted barrels of oil. The Speaker of … demand periodic reports from relevant ministries, the Nigerian National Petroleum … market. By directly linking crude oil to naira payments, …

  • Into the shadows: Sanctions have reduced Russia from an oil superpower to a global energy disrupter 24 Dec 2025 16:51 GMT

    … Most importantly, the global oil market itself has changed significantly … years. Rising production outside OPEC+ has created a persistent … (49% owned by Rosneft) refinery, already under sanctions. If … ,000–400,000 barrels a day. If demand from India and …

  • Falling Exports and Unsold Cargoes Test Nigeria’s Oil Sector 24 Dec 2025 17:14 GMT

    … Nigeria’s Oil Exports Going? Nigeria’s crude exports outside of … the country’s only operational refinery – the 650,000 b… Nigerian crude has been faced with extremely tepid buying demand lately … Nigeria’s Oil Exports Going? Nigeria’s crude exports outside …

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