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Oil Demand Newsletter
  • Nam Consumes Around 1.1 Billion Litres of Petroleum Annually 23 Feb 2026 16:05 GMT

    … source petroleum products from the international oil market to meet local demand.   …   Major OMCs supplying Namibia with refined petroleum products include Puma Energy Namibia … the government uses crude oil revenue to subsidise fuel prices further. erastus …

  • Goldman Sachs Hikes Year-End Oil Price Forecast by $6 Per Barrel 23 Feb 2026 14:12 GMT

    … 6 to $60 per barrel Brent Crude and made the same upward … so-called retaliatory tariffs. Oil prices have jumped in recent … Iran. Goldman’s supply-demand balance for 2026 remains at … assuming no major supply disruptions. OPEC+ may resume production increases in …

  • DAX 40, Oil Forecast: 2 Trades to Watch 23 Feb 2026 15:43 GMT

    … geopolitical tensions. Oil has slipped to $66 per barrel, retreating … the OPEC country that produces around 3 million barrels a … crude exports, at risk. These concerns keep the risk premium on oil … global growth and the oil demand outlook. Looking across the …

  • US Iran standoff pushes 100 dollar oil price forecasts back into focus 23 Feb 2026 15:44 GMT

    oil supply risk. Crude markets, which had been focused on demandOPEC members outside the conflict zone to compensate for lost barrels … geopolitical risk. Refiners and airlines … fuel and transportation costs. Emerging markets that rely heavily on imported crude

  • Why Morgan Stanley, Goldman Sachs lifted their oil price targets 23 Feb 2026 17:00 GMT

    … a half to three million barrels of surplus coming into 2026 … for Nat Gas also impacted crude production in the US. 01 … power plants and they impacted crude supply. 01:25 Speaker B … robust. Cold weather, more demand for heating oil, etc. 01:46 Speaker …

  • Murphy Arts District Fuels El Dorado’s Downtown Revival 23 Feb 2026 17:04 GMT

    … were not growing and the demand for hotel rooms and lodging … (Griffin Coop) Murphy Oil is a Fortune 500 oil company founded by … company. In 2020, Murphy Oil relocated its corporate offices from … that can be extracted and refined for use in electronics. Morrison …

  • Sasol's profits plunge 34% due to weaker chemicals demand and oil prices 23 Feb 2026 17:10 GMT

    Stephen Grootes speaks to Simon Baloyi, CEO of Sasol about the group’s half-year results as it navigates weaker oil and chemicals prices. Listen to the interview in the audio player below.Sasol Limited has reported mixed financial results for the six …

  • FG Mulls Warehousing Oil Gains To Curb Liquidity Surge 23 Feb 2026 14:25 GMT

    … is considering “warehousing” incremental oil revenue gains in a … mandating direct remittance of oil revenues, which could inject … could drive up aggregate demand, exert pressure on the … established by the 2021 Petroleum Industry Act. By warehousing …

  • Angry workers pelt stones at security forces at Panipat oil refinery after altercation 23 Feb 2026 13:42 GMT

    A large-scale protest by labourers at a refinery in Haryana’s Panipat turned volatile on Monday after a heated altercation between contract workers and personnel of the Central Industrial Security Force (CISF) escalated into stone-pelting, leaving the site …

  • NDC Regional Communicators Demand Appointments, Cite Gyamfi’s GoldBod Allies 23 Feb 2026 15:28 GMT

    A Greater Accra regional communicator of the National Democratic Congress (NDC) has publicly expressed frustration over the party’s failure to secure government positions for grassroots communicators since assuming office, pointing to what he described as …

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