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Oil Demand Newsletter
  • For the first time since 2020, Middle East–China oil shipping costs hit $200k a day 26 Feb 2026 22:28 GMT

    … very large crude carrier to ship 2 million barrels from the …  surge in oil shipping costs follows increased crude exports from the … is likely to reduce Asian refiners’ profits. South Korean shipping … to spot demand, Saudi Arabia’s biggest oil shipper Bahri has …

  • Oil Prices Slip 1.5% on Crude Build – New York 26 Feb 2026 19:38 GMT

    … cycles, refineries reduce crude intake for upgrades and inspections. Oil prices slip … lived. Once maintenance concludes, refinery demand typically rebounds. Energy analysts emphasize … consumers through slightly lower fuel prices. Transportation and logistics …

  • Crude Oil Prices Settle Lower as US-Iranian Nuclear Talks to Continue 26 Feb 2026 22:19 GMT

    … until Russia's demand for territory in Ukraine is … to the emerging global oil surplus.  OPEC+ is trying to restore … left to restore.  OPEC's January crude production fell by - … refineries over the past six months, limiting Russia's crude oil

  • Oil settles down after choppy session as traders follow US, Iran talks 26 Feb 2026 20:50 GMT

    … States and Iran over the OPEC member's nuclear program … in crude futures. Oil prices had gained more than a dollar a barrel … Iran clearly laid out its demand for lifting sanctions and the … supply is still long, OPEC+ may add barrels in ​April, and Iran …

  • Trump EPA to shift at least half of waived biofuel obligations to big refiners, sources say 26 Feb 2026 22:06 GMT

    … plan that would require big oil refineries to make up for at … be unwelcome news for larger oil refiners that have argued that additional … by boosting demand for blending credits. Under the Renewable Fuel Standard, oil refineries have …

  • Sources say that Trump EPA will shift at least half the waived biofuel obligation to big refiners 26 Feb 2026 20:11 GMT

    … a plan requiring 'big oil refineries'; to cover?at least … not be welcomed by larger oil refineries who have claimed that higher … by increasing demand for blending credit. According to the Renewable Fuel Standard, oil refineries are …

  • Trump bets on fuel to increase U.S. influence in Cuba 26 Feb 2026 21:29 GMT

    … s leverage will be to demand gradual reforms. The flexibilization … Venezuela and the cessation of oil shipments from Mexico," … sector limited access to fuel imported from the United … if verifiable reforms occur. Fuel thus becomes a strategic instrument …

  • Goldman Sachs raises 2026 oil forecast, sees Brent at $60 by Q4 26 Feb 2026 19:13 GMT

    … Sachs has raised its oil price forecasts for late … solid global demand growth alongside a moderation in non-OPEC supply … risk of approximately $5 per barrel for Brent and $8 … highlights the continued sensitivity of oil markets to geopolitical developments …

  • Nigerian crude surges past $70/barrel, tops FG’s 2026 budget benchmark 26 Feb 2026 18:34 GMT

    … energy demand. Amid this mixed outlook, Nigerian oil’s … the American Petroleum Institute (API) Weekly Crude Oil stock data … million barrels per day (bpd), just below the OPEC+ target … fuel rather than exporting all its crude and importing fuel. This refinery

  • Consumers brace for Rs1.78/unit hike as CPPA seeks fuel cost adjustment 26 Feb 2026 18:20 GMT

    Nepra reviews CPPA’s January fuel cost hike as Power … unit increase under the monthly fuel cost adjustment (FCA) mechanism. … in January. The reference fuel cost for the month was … furnace oil plants were used to meet the increased peak demand. Another …

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