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Oil Demand Newsletter
  • Freight Markets at an Inflection Point: Geopolitics, Supply, and Demand Shifts 07 Feb 2026 04:03 GMT

    … gradually unwind 1.65 million barrels per day (bbl… the expected seasonal weakness in oil demand during the first quarter. … disruptions from the major OPEC producer. This news eased … halt in Russian crude oil purchases by Indian refiners and the potential …

  • Cuba to protect essential services as US moves to cut off oil supply 07 Feb 2026 04:39 GMT

    … essential services and ration fuel as the communist-run … S. effort to cut off oil supply to ‌the Caribbean … severe shortages of food, fuel and medicine. Advertisement Advertisement … part ​of our demand," but acknowledged fuel shortfalls would push …

  • US oil blockade: How long before Cuba collapses? 07 Feb 2026 05:49 GMT

    … . "The blackouts have increased, fuel is in even shorter supply … ;s current demand for oil is an estimated 100,000 barrels of crude oil per … ;s ill-suited for most fuels, so it's mainly … number of] weeks until the fuel runs out. Then, not only …

  • BP Whiting refinery workers are preparing for a possible strike after union talks fail 07 Feb 2026 03:45 GMT

    … 's 440,000-barrel-per-day refinery ?in Whiting, Indiana, … negotiations with the British oil major that did not … faith and stand united to demand a fair contract for … produces transportation fuels such as gasoline, jet fuel, diesel fuel, and other fuels. ( …

  • Shell promises spending cuts, oil and gas growth to tackle price weakness 07 Feb 2026 05:18 GMT

    … energy company’s upstream oil and gas business produced … billion in Nigerian deep-water oil production, acquired acreage in … levels,” new spending will demand strict capital discipline and “ … biofuels project and its Bukom refinery in Singapore, the company …

  • Oil Prices Reverse Early Gains 07 Feb 2026 05:18 GMT

    WTI crude futures pared early gains to trade around the flatline near $67.5 a barrel on Friday and were on track for their first weekly decline in seven weeks, as concerns over potential supply disruptions in the Middle East eased. At the same time, …

  • Nigeria’s per capita oil production risks cutback in 2030 - Adeola Yusuf Feb 07, 2026 07 Feb 2026 03:15 GMT

    … progress on the 3 million barrels oil production target set for 2030 … by Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, and Permanent … you, sir, to adopt and demand contractors and producers to adopt …

  • Oil Ends Week On Mild Upswing As Pundits Resume Fears About U.S. Striking Iran 07 Feb 2026 02:59 GMT

    … at $68.05 per barrel, and West Texas Intermediate … to a potential slowdown in oil demand." However, geopolitical tensions … of sanctions against Russian crude exports, targeting not just … other maritime services for Russian crude at any price; however …

  • Canada and Alberta Align on Oil Export Strategy Amid Changing Trade Dynamics 07 Feb 2026 02:18 GMT

    … million barrels per day (bpd) of crude oil, tapping into the growing demand in … Asia, the world’s largest oil … export capacity of Alberta’s crude oil. Currently, over 95% of Canadian …

  • Venezuela’s Return Won’t Dethrone Latin America’s Oil Leaders 07 Feb 2026 01:37 GMT

    … the majority of non-OPEC+ supply growth and underscoring … securing heavy crude feedstock for US Gulf Coast refiners at … required to sell Venezuelan barrels. However, projects with … amid declining prices. Supposing oil demand stays resilient through 2035, …

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