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Global Oil Demand to Keep Rising for Another 15 Years, Chinese Report Says
12 Dec 2025 20:28 GMT
… research unit under China National Petroleum Corp. (CNPC) has significantly … its forecast for peak global oil demand by a decade to … Institute (ETRI) now expects oil demand to reach a high of … for global natural gas demand were similarly pushed back by …
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Dollar Strength and Stock Market Weakness Undercut Crude Oil Prices
13 Dec 2025 02:02 GMT
… demand and crude prices. In addition, concerns about a global oil … Friday, discouraging refiners from purchasing crude oil and refining it … refineries over the past three months, exacerbating a fuel … and OPEC also ramped up crude output. OPEC said …
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Bill McKibben on Abundant Solar and the Waning Power of Fossil Fuels
13 Dec 2025 00:26 GMT
… Koch brothers, our biggest oil and gas refiners and pipeline suppliers, who … money, cash on the barrel head to buy the next … River in China. An increased demand for electricity in China, … of course, dealing with fossil fuels and also working for democracy …
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Oil posts weekly loss on oversupply concerns
12 Dec 2025 22:41 GMT
… be weighed down by the crude oil supply situation... on the … that global oil supply will exceed demand by 3.84 million barrels per … almost 4% of world demand.
Data in OPEC's report, … of refinery maintenance helping to offset a slump in fuel exports …
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Oil dealers demand higher margin
13 Dec 2025 00:20 GMT
.There were fears that the petroleum dealers, most of whom were corrupt and involved in fuel hoarding, would not pass on the full benefit of cross-subsidy to the motorbike owners and demand higher prices. PHOTO: afp
KARACHI:
The Pakistan Petroleum Dealers …
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Asian operator reveals ‘significant’ oil and gas discovery at prized exploration asset
13 Dec 2025 01:30 GMT
Pakistan's state-owned Oil & Gas Development Company ( … rate of 2280 barrels per day of oil and 5.6 … toward mitigating the energy supply-demand gap through indigenous resources.” … joint venture partners Pakistan Petroleum Limited on 30% and Government …
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Oil Drifts Lower Despite Geopolitical Tensions
12 Dec 2025 22:11 GMT
… Intermediate settled below $58 a barrel, the lowest since May, … about supplies exceeding demand next year has pushed crude toward the … may add some support to oil prices. President Donald Trump … on Russian crude, is also helping to support oil.
" …
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U.S. Tanker Seizure Expected to Drive Steeper Black-Market Discounts on Venezuelan Oil, Increasing Pressure on Maduro
12 Dec 2025 21:47 GMT
… Venezuelan crude is expected to force black-market buyers to demand … carrying nearly 2 million barrels of oil. Washington said the tanker … its exports go to independent refiners in China, while official … to about 1 million barrels per day after collapsing …
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Oil Futures Down 4% on Week Amid Oversupply Fears
12 Dec 2025 21:08 GMT
Millions of barrels belonging to Russia's … at sea, unable to reach refineries in India and China due … add significantly to the global crude glut, traders said. The … of the Petroleum Exporting Countries' forecast of higher oil demand in 2026 …
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India Boosts Russian Oil Purchases to €2.6 Billion Despite U.S. Sanctions on Moscow’s Producers
12 Dec 2025 21:01 GMT
… Russian fossil fuel imports in … Petroleum Corporation Limited (HPCL), HPCL-Mittal Energy Limited, and Mangalore Refinery … refineries declined marginally, state-owned refineries increased Russian crude oil … demand. This has increased its share of total crude oil …