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Oil Demand Newsletter
  • Again, Nigeria’s OPEC Oil Output Slips Despite FG’s Assurances 16 Jan 2026 04:06 GMT

    … Organisation of Petroleum Exporting Countries (OPEC) based on … Elsewhere across Africa, crude oil production trends were … fuels will take place more slowly than some predictions. OPEC expects oil demand … to rise by 1.34 million barrels …

  • Asia’s Diesel backwardation narrows; jet fuel Feb sales emerge 16 Jan 2026 06:24 GMT

    … February refiner spot activity staying brisk and jet fuel offers … 60-70 cents a barrel, following softer performance in … . NEWS – OPEC on Wednesday said world oil demand would rise at … Organization of the Petroleum Exporting Countries, or OPEC, but added …

  • BPCL, HPCL, IOC stocks rally up to 4% on sharp retreat in crude oil prices 16 Jan 2026 07:06 GMT

    … 63.76 per barrel, while WTI crude futures fell 4. … Organization of the Petroleum Exporting Countries (OPEC), is facing its … On Wednesday, OPEC said oil supply and demand would remain balanced … Cheaper crude lowers the overall expense of refining and fuel …

  • Oil Prices Slide as Global Supply Signals Strengthen 16 Jan 2026 07:26 GMT

    … Brent crude retreated to the mid-$64 per barrel range, … same time, OPEC maintained its outlook that oil demand growth in … from recent highs. Fuel oil prices in Fujairah reflected … ongoing adjustments in shipping fuel demand and regulatory compliance. Taken …

  • Asia Fuel Oil Differentials improve on higher marine fuel uptake 16 Jan 2026 04:52 GMT

    … noting better downstream demand for marine fuel in recent days. … 3.50 a barrel. INVENTORY DATA – Singapore residual fuel inventories (STKRS- … price for al-Shaheen crude oil loading in March at … , Taiwan’s largest private refiner, will extend the shutdown …

  • Oil traders wrestle with geopolitical trifecta and elusive glut: Bousso 16 Jan 2026 05:10 GMT

    … market.  Brent crude opened the year at $61 ‍a barrel before slipping … global crude supplies appear to be rising sharply, threatening to outpace demand … -called “oil on water” typically rises when supply is outstripping demand. Of …

  • After Farouk’s exit, Dangote Refinery petrol supply up 64% 16 Jan 2026 06:14 GMT

    … supply from the Dangote Petroleum Refinery and Petrochemicals has surged … supply fell below national demand benchmarks. Nigeria’s … Automotive Gas Oil (diesel) supply from domestic refineries remained limited … supply gap and strengthening fuel security in the …

  • Oil oversupply expected to cushion major price shock if US attacks Iran 16 Jan 2026 06:28 GMT

    … driven moves, versus where the demand supply fundamentals are.” The … a significant amount of global crude oil supplies taken off the market … lasting impact on oil prices, because the demand supply balance is … lower at $63.76 a barrel at 6.23pm UAE time …

  • Oil palm farmers worry over increasing smuggling 16 Jan 2026 07:18 GMT

    … monthly through illicit vegetable oil imports, arising from under … oil palm industry has the capacity to meet domestic demand, … noting that existing crude palm oil refineries have a … against an estimated national demand of 300,000 tonnes …

  • Oil falls from multi-month highs as tech stocks lift Wall Street 16 Jan 2026 05:05 GMT

    … , while oil and gold fell off recent highs as demand for safe … of the Organization of the Petroleum Exporting Countries, in response to … . US crude fell 4.34pc to $59.33 a barrel and Brent … .09pc to $63.80 per barrel. Gold, which thrives as a …

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