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Oil Demand Newsletter
  • IEA OMR forecasts global oil demand growth for 2026 21 Jan 2026 12:43 GMT

    … which forecasts global oil demand growth to average thousand barrels per day (kb … number of Middle Eastern OPEC producers was partly offset by … . Widening discounts for Russian crude oil and refined products nevertheless undermined monthly export …

  • Oil Demand Outlook Improves as Lower Prices Support 2026 Consumption Growth 21 Jan 2026 15:29 GMT

    … s oil demand growth is set to rise by 930,000 barrels per … the IEA had expected global oil demand growth at 860,000 bpd … Middle Eastern OPEC producers in recent weeks, global oil supply is … agency noted.  “Indeed, benchmark crude oil prices remain $16/bbl …

  • IEA raises its forecast for global oil demand growth in 2026 21 Jan 2026 13:00 GMT

    … #47;. Global oil demand will increase by 932,000 barrels per day (bpd … In December, the agency forecast demand growth of 863,000 bpd … According to the agency, global oil demand in 2025 will amount to … bpd). In 2026, global demand is expected to reach 104 …

  • Global oil demand growth to rise in 2026, IEA says 21 Jan 2026 09:41 GMT

    … revised its 2026 ​global oil demand growth forecasts higher on ⁠ … Wednesday in its latest monthly oil ⁠market report, suggesting ‌a … expects global oil demand to rise by 930,000 barrels per day … That ‍suggests global oil supply will ​exceed demand by 3.69 …

  • Crude palm oil prices seen range-bound on seasonal supply decline 21 Jan 2026 15:50 GMT

    … key palm oil industry group in Malaysia, foresees crude palm oil prices to … biodiesel mandate, a recovery in crude oil prices, or clarity on U … . biofuel policy that boosts soybean oil demand. Crude palm oil prices have remained firm …

  • Oil Prices Advance As Trump’s Trade Threats And Global Tensions Fuel Market Anxiety 21 Jan 2026 14:06 GMT

    … Brent crude futures rose modestly to $63.65 per barrel, … crude climbed roughly 0.4% to $59.69 per barrel, … flows and trade-linked demand. Investor sentiment was particularly … growth and resilient oil demand, have continued to underpin crude prices. However …

  • Domestic refineries seek govt support to increase production, end petrol importation 21 Jan 2026 13:28 GMT

    Crude Oil Refiners Association of Nigeria (CORAN) said its members, including the Dangote Petroleum Refinery … , have sufficient installed capacity to meet national fuel demand … the 650,000 barrels-per-day Dangote refinery, petrol imports …

  • Chevron plans to finalise Singapore oil assets sale in Q1: sources 21 Jan 2026 13:34 GMT

    Petroleum unit. SRC runs a 290,000 barrel a day refinery … blends and supplies transportation fuels, base oil, marine and finished … expansion of our overseas fuel oil business through asset acquisition, … jet fuel-related facilities to respond to the demand for …

  • Energy game-changer: BPCL revamps Vadinar–Bina pipeline to safeguard India’s fuel future 21 Jan 2026 13:01 GMT

    Bharat Petroleum Corporation Limited (BPCL), a Fortune … and ensure uninterrupted crude oil transportation amid rising domestic energy demand and evolving … national asset supplying crude oil to BPCL’s Bina Refinery. The modernisation programme …

  • Foreign oil disruption sent crude prices climbing on Tuesday 21 Jan 2026 13:10 GMT

    … more than 1% increase in crude oil prices on Tuesday while … could drive fuel demand, reported Reuters. West Texas Intermediate crude for February … closed at $64.92 a barrel. Natural gas soared by … for the day. Empire Petroleum Corporation recorded an 8% loss …

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