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OPEC Keeps 2026 Oil Demand Growth Forecast Unchanged at 1.4 mil bpd
12 Dec 2025 07:23 GMT
Crude Oil Price Movements
In November, the OPEC Reference Basket … respectively.
World Oil Demand
The global oil demand growth forecast for … geopolitical constraints and unplanned refinery outages in Europe … decrease in fuel oil imports. Japan’s crude imports …
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Russian oil output nudges up in November, OPEC data shows
12 Dec 2025 07:23 GMT
Russian oil production edged up in November to 9.367 million barrels per … on Thursday.
OPEC+, which comprises the Organization of the Petroleum Exporting Countries … about 2.5% of global demand.
The shift in policy after …
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OPEC holds firm on bullish oil demand outlook for 2026
12 Dec 2025 04:08 GMT
…
Global oil demand will rise by about 1.4 million barrels per day … balanced market next year.
Demand for crude from the OPEC+ producers is expected … same time, crude oil production by the countries in the OPEC+ pact averaged …
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Carbon Dioxide Enhanced Oil Recovery (CO₂ EOR) Market: Analysis of Future Demand and Leading Key Players Through 2029
12 Dec 2025 09:59 GMT
… a rise in mature oil fields, heightened crude oil demand, a stronger focus on … ongoing increase in crude oil production. Crude oil production involves extracting unrefined petroleum through drilling … oil supply would grow by an average of 3.1 million barrels …
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OPEC sees balanced oil market in 2026
12 Dec 2025 10:54 GMT
… the Organization of the Petroleum Exporting Countries, setting up … that OPEC+ crude output averaged 43.06 million barrels per … fuel efficiency standards and a more rapid shift towards renewables.
OPEC … both the resilience of oil demand and the decline rates …
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IEA Slashes 2026 Oil Glut Forecast In Rare Warning As Demand Surges, Sanctions Hit Supply And Global Markets Brace For A Massive Shakeup
12 Dec 2025 10:17 GMT
… projects a 3.84 million-barrel-per-day (bpd) … IEA raised its global oil demand growth forecasts for both … the Petroleum Exporting Countries (OPEC) plus key allies, or OPEC+, is … , in which crude supplies remain abundant while refined fuel markets stay tight …
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Nigeria’s fuel import bill hits N1.28 trillion in Q3 2025
12 Dec 2025 09:28 GMT
… only its domestic fuel demand but also supplying refined petroleum products to other … Organisation of Petroleum Exporting Countries (OPEC) reported that Nigeria’s crude oil production … climbed marginally to 1.436 million barrels per …
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OPEC To Pause Output Hike To Curb Perceived Global Oil Supply Glut In 2026
12 Dec 2025 09:09 GMT
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The Organization of the Petroleum Exporting Countries (OPEC) is expected to take … effect.
The report forecast demand for OPEC+ crude will average 43 million bpd … oil demand by 2030, and said it expects oil demand to reach 113 million barrels …
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Nigeria’s crude oil output rises to 1.436mbdp
12 Dec 2025 08:25 GMT
… crude oil production rose slightly in November to 1.436 million barrels … Organisation of Petroleum Exporting Countries (OPEC) for … barrels per day next year to balance global supply and demand … government-owned refineries, upcoming private refinery operations— …
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Trump sanctions hit! Russia records lowest oil exports since Ukraine conflict
12 Dec 2025 08:28 GMT
… ; Demands Ukraine President
Urals crude prices plunge
As exports dragged … .52/bbl (one barrel is about 159 litres). This … Ukraine intensified strikes on Russian refineries over the summer and … of this year’s demand growth, while fuel oil continues to lose …