… was the third-biggest OPEC crude producer in 2025, according … Energy Information Administration data. Oil prices also found support … million barrels last week, sources said, citing American Petroleum … of stronger global energy demand, while continued Russian …

… the Financial Times. Related: Marathon Petroleum Beats Earnings Expectations as Refining … more than $10 per barrel in oil prices. But the French … $60 and $70 per barrel and an exchange rate around … next decade, now that peak oil demand is no longer seen as …

… , where fuel demand is growing steadily while China’s domestic oil consumption peaks … build a 100,000 barrels-per-day crude refinery in the Galang Batang … , including Saudi Aramco and Kuwait Petroleum, have failed to materialise in …

… could significantly reshape global crude oil flows and tanker demand, potentially cutting Russian … , import, and transfer of oil products refined from Russian crude. For tanker markets … is expected to replace Russian barrels largely by turning back to …

… percent, to USD67.20 per barrel at 1:04 p.m … . Iran was the third-biggest OPEC crude producer in 2025, according to … raised hopes that global energy demand could increase, while Russia’s … Ukraine boosted worries Moscow’s oil would remain sanctioned for longer …

… sour – similar to Russian crude, suitable for producing fuel oil, fuels, diesel, and other … a little over 1 million barrels per day, with the majority … of a broader balance between demand, supply, and sanctions, but real …

… ,000 on last year. Reducing demand When it comes to lower … your home? Using gas, oil or solid fuel to heat your home … to fossil fuels used for heating. Phasing out gas and oil home … mainly of energy taxes on fuels and transport taxes, such as …

… million barrels per day (bpd) of mostly high-quality light, sweet crude oil … , particularly in demand in the Mediterranean and … ’s largest proved crude oil reserves, of 48 billion barrels. Moreover, in the …

… The state-owned Nepal Oil Corporation attributes the problem … shift to an alternative refinery created logistical challenges, including … bullet tankers, and when demand rises in India, supply … rate fixed by the Nepal Oil Corporation, discouraging transporters. …

… Tuesday, pressured by subdued domestic demand, while easing broad-based … Group, raising concerns about demand in one of the world … , a trader told Reuters. Oil prices held steady on Tuesday … rubber, which is made from crude oil. Supply constraints in rubber …