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International Energy Agency Raises Forecast for Global Oil Demand Growth in 2026
22 Jan 2026 08:17 GMT
… revised its forecast for global oil demand growth in 2026, predicting an … global oil demand is expected to grow by approximately 930,000 barrels per … previous estimates of 860,000 barrels per day, the agency noted …
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Oil slips as investors assess supply outlook, US stock build
22 Jan 2026 08:55 GMT
… a day earlier, after OPEC+ producer Kazakhstan halted output … of the global economy and oil demand, said Mingyu Gao, … revised its 2026 global oil demand growth forecasts higher on … American Petroleum Institute.
Crude stocks rose by 3.04 million barrels in …
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Guyana’s rising oil output helps fuel global supply glut
22 Jan 2026 05:27 GMT
… oil report projected global oil supply would exceed demand by 4.25 million barrels … than demand mostly because OPEC+, or the Organization of the Petroleum Exporting … refinery maintenance about to commence, reducing demand for crude, further reductions in crude …
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Oil vs. rare earths: Which will shape the global economy’s future?
22 Jan 2026 07:26 GMT
… remained dependent. Control over crude flows often translated into … million barrels per day, and most forecasts suggest demand will … period.
By comparison, global oil demand growth is projected to … and processed materials like refined graphite and cobalt where …
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Crude oil futures gain as Trump backs away from European tariff threat over Greenland
22 Jan 2026 06:16 GMT
… 15 per cent, and March crude oil futures on WTI (West Texas … 0.25 per cent. February crude oil futures were trading at ₹5586 … the global oil demand growth is forecast to average 930,000 barrels a … barrels a day in 2025. Non-OPEC+ accounts for 1.8 million barrels …
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Valero, Phillips 66 buy Venezuelan crude cargoes under US deal with Caracas: Report
22 Jan 2026 09:09 GMT
… bought the Venezuelan oil at a $15 a barrel discount to the … a barrel.
Offers of Venezuela’s flagship Merey heavy crude to US refiners … $8.50 per barrel have also seen weak demand.
Before US sanctions …
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Trump sanctions impact: India eyes alternatives to Russian crude; imports oil from Guyana, Saudi Arabia but Russia still top supplier
22 Jan 2026 08:09 GMT
… January, only Indian Oil, Nayara Energy and Bharat Petroleum received Russian cargoes … source of crude, with inflows of around 1.179 million barrels per … robust domestic fuel demand. As inflows from Russia taper off, Indian refiners are …
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Business News | Oil and Gas PSUs Becoming Tech-driven, Profitable and Future-ready: Hardeep Singh Puri
22 Jan 2026 06:15 GMT
… quot;.
He cited Hindustan Petroleum Corporation Limited (HPCL) as … landscape.
He noted that refineries are operating beyond their … demand conditions.
At the same time, steady growth in fuel … emerging technologies and cleaner fuels to remain globally competitive …
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Oil, gas PSUs embrace technology, profitability: Hardeep Puri
22 Jan 2026 07:34 GMT
… ".
He cited Hindustan Petroleum Corporation Limited (HPCL) as … landscape.
He noted that refineries are operating beyond their … demand conditions.
At the same time, steady growth in fuel … technologies and cleaner fuels to remain globally competitive.
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Venezuela oil output can rise 30% in near-term, US energy secretary tells executives
22 Jan 2026 05:27 GMT
… including renewables to meet rapid demand growth, another executive said.
Wright … Trafigura to move 50 million barrels of oil that were stuck on … ground, dilute crude, heat the pipelines to transport Venezuelan oil. It takes …