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Oil Demand Newsletter
  • China oil demand to plateau between 2025 and 2030, state researcher says 13 Dec 2025 09:38 GMT

    … incremental demand for oil this year came from jet fuel and … petrochemicals, said Haibo Wang, director of oil … research unit forecast that oil demand could reach 770 … refiner Sinopec, which is also state-owned, said it expected total oil demand

  • Oil prices post more than 4% weekly loss on oversupply concerns 13 Dec 2025 09:54 GMT

    … add more downward pressure to crude prices, although a breakthrough is … as anticipated given that Russian oil supplies were already flowing fairly … barrels per day, while the Vienna-based Opec predicted supply will match demand

  • Middle East Crude-Benchmarks register weekly decline amid ample supply 13 Dec 2025 09:38 GMT

    Middle East crude benchmark spot premiums of Oman … cents to 54 cents a barrel. Equinor, Hengli and Shell will … a February-loading Upper Zakum crude cargo to Glencore following the … Friday. World oil supply will match demand closely in 2026, OPEC data published …

  • Automobile Dealers Demand Green Tax Refund as GST Looms 13 Dec 2025 09:02 GMT

    As Bhutan prepares to implement the Goods and Services Tax (GST) from 1 January 2026, automobile dealers are raising urgent calls for justice, seeking either a refund or adjustment of the green tax they paid for 2025. With the new GST system set to replace …

  • 'Binding deal' for Lindsey Oil Refinery expected in coming weeks 13 Dec 2025 10:32 GMT

    … realise that closing UK refineries does not reduce demand; it merely shifts production … (Gainsborough - Conservative) warned Lindsey Oil Refinery';s closure "is … no direct reference to Lindsey Oil Refinery. On carbon costs, she said …

  • China Seeks to Strengthen Oil and Gas Cooperation with UAE Amid Middle East Tour 13 Dec 2025 10:15 GMT

    China is pursuing closer oil and gas ties with … to discuss expanding cooperation in oil, gas, infrastructure, and investment … nations amid rising global energy demand. The tour is part of … the largest importers of Iranian crude, making energy security a core …

  • Malaysian palm oil output to top 20 million tons for first time 13 Dec 2025 08:53 GMT

    … the export tax on crude palm oil shipments in December to … December though he anticipates export demand to improve with restocking … the Chinese New Year as demand increases for snacks, confectionery, … longer than expected or if demand recovery is slower than …

  • FUJAIRAH DATA: Oil products stocks climb to eight-month high on fuel oils 13 Dec 2025 08:48 GMT

    … increase, according to Fujairah Oil Industry Zone data published Dec … .316 million barrels. Middle distillates, such as jet fuel and diesel … Energy since 2017. Choppy demand Regional traders said that choppy … HSFO bunker premium to fuel oil 180 CST FOB Arab …

  • IEA lowers 2026 oil glut forecast on brighter macroeconomic outlook 13 Dec 2025 06:56 GMT

    … Global oil supply will exceed demand by 3.84 million barrels per … Petroleum Exporting Countries and its partners - a group known as OPEC … where ample crude supply is juxtaposed with tight fuel markets, … sanctions on Russian crude-derived fuel exports. — Reuters

  • Oil prices decreased on world commodity markets 13 Dec 2025 06:11 GMT

    … of the January 2026 WTI crude oil contract on the New … of the February 2026 Brent crude oil contract on the London ICE … analysts, the decline in oil prices is due to the … markets, cautious expectations regarding demand prospects and market assessments that …

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