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Oil Demand Newsletter
  • Oil heads for weekly decline as US, Iran extend talks 27 Feb 2026 04:01 GMT

    … a barrel by 0331 GMT. U.S. West Texas Intermediate crude fell … Iran, as well as a demand for the delivery of all … the Petroleum Exporting Countries and their allies, a group known as OPEC … +, is likely to consider raising its oil output by 137,000 barrels

  • Oil prices edge lower after US, Iran extend talks 27 Feb 2026 02:06 GMT

    … Iran extended talks over the OPEC member's nuclear programme … that could disrupt supply. Brent crude futures lost 28 cents, or … talks, oil prices gained more than a dollar a barrel after media … Iran, as well as a demand for the delivery of all …

  • White oil, black hole? 27 Feb 2026 01:44 GMT

    … itself has merit. Transporting petroleum products through pipelines is … million tons (at current demand levels) would flow through … highly unlikely that such demand will materialize over the … cycle. Going forward, white oil demand is expected to decline with …

  • Oil Flat As Thursday's U.S./Iran Talks Merely Lead To More Talks 27 Feb 2026 05:04 GMT

    … is still long, OPEC+ may add barrels in April, and Iran … Petroleum Exporting Countries, sources told media it will consider raising its oil … to prepare for peak summer demand. Samantha Hartke, head … imports the majority of its crude oil from Iraq, Saudi Arabia …

  • Black Sea Petroleum: Building Energy Security and Strategic Leverage for Georgia 27 Feb 2026 01:41 GMT

    refined fuels. The project is intended to satisfy growing regional demand for refined engine fuels … Kulevi Oil Refinery. Source: Black Sea Petroleum Development … Petroleum 92-95, and high-quality aviation fuel … from every barrel of crude feedstock. Operational …

  • OPEC+ Considers Oil Output Raise By 137,000bpd For April 27 Feb 2026 04:44 GMT

    OPEC+ is likely to consider raising its oil output by 137,000 barrels … per cent of global demand, and froze further planned … the Brent crude benchmark is trading near $71 a barrel. That … year. OPEC+, which comprises the Organisation of the Petroleum Exporting …

  • Fuel cost adjustment row erupts over PM’s power package 27 Feb 2026 05:00 GMT

    … said the FY26 reference fuel cost for January would … case. The lower reference fuel cost meant consumers were charged … Discos) to charge a higher fuel cost in January, retain Rs15bn … including furnace oil-based ones, were utilised to meet demand, leading to …

  • Refinery restart hinges on cash and crude, economist warns 27 Feb 2026 03:54 GMT

    … also have access to crude oil to feed the refinery,” Ramkissoon said. “If … , refining margins have fluctuated significantly. Demand growth between 2018 and 2019 … , margins recovered unevenly amid shifting demand, expanding global refining capacity and …

  • Cheniere’s Profit Soars by 64% in 2025 as LNG Demand Jumps 27 Feb 2026 02:20 GMT

    … a record amount of the fuel last year. Cheniere on Thursday … benefited from strong international LNG demand and a substantial reversal of … domestic policies, which favor American oil and gas projects and exports …

  • Province paints rosy oil price forecast despite resource-driven budget shortfall 27 Feb 2026 00:27 GMT

    … despite a multibillion-dollar fossil fuel-based wallop that is set … global oil glut, which has significantly imbalanced supply and demand. Susan … . China could stockpile more crude than it is right now … roughly 3.3 million barrels of oil per day. The country …

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