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Oil Demand Newsletter
  • Oil Prices Surge on Geopolitical Tensions, Supply Concerns, and Demand Outlook 25 Jan 2026 00:09 GMT

    … concerns, and positive demand forecasts for 2026. Brent crude climbed by 2 … approximately 2.7%. Latest Oil Prices: WTI Crude • 61.07 +1.71 … .62 -2.30 -2.84% Opec Basket • 63.21 +0.27 … revision of global oil demand growth to 930,000 barrels per day in …

  • Venezuela's oil revival faces invisible challenge 24 Jan 2026 23:14 GMT

    … methane emissions from the fossil fuel sector globally could be … of around 3.4 million barrels at around $100 billion. … Covid-19 pandemic when global crude demand shrivelled. Imagery also shows … without proper purging, causing oil leaks, Wood Mackenzie told …

  • There’s path to take off 25% Russian oil tariffs: US Treasury Secretary Scott Bessent 25 Jan 2026 00:46 GMT

    … Indian purchases by their refineries of Russian oil have collapsed. So, that … US President Donald Trump’s demand for Greenland, and EU President … , prohibits the import of petroleum products refined from Russian crude through third countries …

  • Scorpion venom and Nigeria’s post-oil economy 25 Jan 2026 00:29 GMT

    … declining reliance on fossil fuels, Nigeria is repositioning itself … venom and global market demand. Beyond fear and superstition … “A single gram of refined scorpion venom can be … scorpion venom innovation, alongside crude oil, agriculture and solid minerals, …

  • U.S. Drones off Yucatán: A Warning to Mexico To Halt Its Oil Shipments to Cuba? 24 Jan 2026 23:59 GMT

    … the forced immobilization of oil tankers in December and the … the three in Guanabacoa had fuel.” Although President Sheinbaum has … add, did not explicitly demand a suspension, but made … ,200 barrels per day of crude and 2,000 barrels of refined products …

  • Fuel price shock: The hard truth behind Malawi’s economic revival under DPP 24 Jan 2026 21:53 GMT

    … reflecting not just global oil price trends but also … that fuel price adjustments are unavoidable for any oil-importing … today’s volatile international oil markets. Malawi’s challenges … inflation oversimplifies the problem. Fuel demand in Malawi is relatively …

  • Libya’s oil sector recovering, production tops 1.4m bpd, NOC chief says 24 Jan 2026 19:11 GMT

    … the head of the National Oil Corporation (NOC), Massoud Suleiman. … said crude oil production had risen to more than 1.4 million barrels … increase output to 2 million barrels per day within the next … manner, in line with global demand and national ambitions.

  • Michigan’s Antitrust Strike: Oil Giants Accused of Cartel Plot Against EVs 24 Jan 2026 18:34 GMT

    … , Shell and the American Petroleum Institute of operating as a … EV emergence and prioritize fossil fuels, driving up energy costs … , internal research uncovered fossil fuel harms, but companies sowed … the EV era. Remedies demand repayment of ill-gotten gains …

  • Fuel price adjustment: A necessary measure for economic stability and growth in Malawi 24 Jan 2026 17:44 GMT

    … economic realities. The international oil market has been volatile … and Malawi, as an oil-importing country, naturally faces … emphasizes the inelasticity of fuel demand, suggesting that price increases … largely driven by global oil price trends and currency …

  • China built a vast oil stake in Venezuela. Now it risks getting muscled out. 24 Jan 2026 17:20 GMT

    … Amazon, government-owned China National Petroleum joined Venezuelan state-run company … crude satisfied a single-digit share of its approximately 11 million barrels … as it could hit peak oil demand within this decade as electric …

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