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Oil Demand Newsletter
  • OPEC forecasts ongoing oil demand growth for 2027 15 Jan 2026 08:49 GMT

    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 …

  • T&T crude oil imports from Venezuela 15 Jan 2026 13:06 GMT

    … sub­stan­tial vol­umes of crude oil from Venezuela, … En­er­gy Con­fer­ence (or Pe­tro­le­um Con­fer­ence as it … re­fin­ery has a ca­pac­i­ty of ap­prox­i­mate­ly 175,000 bar­rels of oil … de­mand; there­fore, im­ports were nec­es­sary to keep the re­fin­ery …

  • Nigeria’s H2 2025 Economic Growth Boosted By Non-Oil Sector — OPEC 15 Jan 2026 12:40 GMT

    … The Organisation of Petroleum Exporting Countries (OPEC) has admitted the … crude oil production slipped slightly to 1.422 million barrels … firmer naira, lower refined fuel imports, and stronger remittance … risks weighing on aggregate demand in the near term. …

  • Oil prices plunge after Trump comments ease Iran fears 15 Jan 2026 10:49 GMT

    … barrel by 1012 GMT. ‌U.S. West Texas Intermediate crude … crude exports also resuming, ​three sources said. On the demand side, OPEC … said ​on Wednesday that 2027 oil demand was likely … glut. China's crude oil imports in December rose …

  • Oil slides over 3pc after Trump comments ease Iran fears 15 Jan 2026 11:22 GMT

    … a barrel by 8:45am GMT, while US West Texas Intermediate crude … rose above $66.50 a barrel on Wednesday before giving back … >On the demand side, OPEC said on Wednesday that oil demand was likely … ;p>Meanwhile, China’s crude oil imports <a rel=…

  • Oil falls by more than 2% 15 Jan 2026 11:45 GMT

    … .85 a barrel, while U.S. West Texas Intermediate crude dropped $1 … as crude exports resume, three sources told Reuters. On the demand side, OPEC … said yesterday, Wednesday, that oil demand is likely to …

  • Oil tumbles 3% as Trump calms Iran fears 15 Jan 2026 12:06 GMT

    … , Brent crude futures dropped over 3% to around $64.33 a barrel … to near $59.95 per barrel. The decline reversed most gains … supply worries. Meanwhile, OPEC projected steady global oil demand in 2026, suggesting a …

  • Oil Prices Retreat After 5 Session Rebound 15 Jan 2026 13:06 GMT

    … running ahead of underlying demand conditions,” he added. … premium against underlying supply-demand fundamentals”. “The latest … industrial activity and weaken demand expectations, while stronger data … the Brent crude oil price will average $60 per barrel in …

  • Dangote Refinery Rejects Anti-Competition Claims, Says No Preferential Treatment For MRS 15 Jan 2026 09:59 GMT

    … Oil Nigeria Plc or undermines competition in the downstream petroleum … READ ALSO: Dangote Refinery Seeks Naira-For-Crude Policy Expansion  Bird … of affordable, high-quality fuel would restore growth in … than meet that demand,” he said. The refinery’s MD also …

  • World shares are mixed and oil sinks US$3 after Trump says Iran stopped killings 15 Jan 2026 11:10 GMT

    … Tech stocks. Oil prices fell nearly US$3 a barrel after U … cent, to $59.13 per barrel. Brent crude, the international standard, shed … cent, to $63.58 per barrel. The future for the S … to keep up with surging demand due to the expanding use …

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