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A service for energy industry professionals · Tuesday, July 8, 2025 · 829,256,263 Articles · 3+ Million Readers
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Oil Demand News Monitoring

  • Published on Jul 4, 2025

    China Shuns US Oil for Longest Stretch Since 2018

    China avoided purchasing US crude for the third straight month - the longest stretch since 2018 - delivering a fresh blow to shale drillers already facing lower oil prices. The world’s biggest oil importer bought no American crude in May,  according to US …

    Source: Rigzone - Neutral
  • Published on Jul 4, 2025

    Oil dip as Iran reaffirms nuclear commitments, OPEC+ prepares output hike

    Photo: The Economic Times Global oil prices edged lower on Friday after Iran reaffirmed its commitment to the nuclear Non-Proliferation Treaty and amid expectations that OPEC+ will announce a further increase in production this weekend. Brent crude futures …

    Source: News.Az - Pro-Government
  • Published on Jul 4, 2025

    Petroleum minister highlights LNG imbalance, Iran pipeline challenges, refinery concerns

    ISLAMABAD  -  Federal Petroleum Minister Ali Pervaiz Malik said on Thursday that Pakistan is open to importing American crude oil, noting that the WTI benchmark is more affordable than other crude grades. While talking to media here, the minister further …

    Source: The Nation - Pro-Government
  • Published on Jul 3, 2025

    Barclays raises Brent forecast to $72 per barrel for 2025

    (Reuters) -Barclays on Thursday said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10 to $70 a barrel for 2026 on an improved outlook for demand. "Geopolitical tensions have eased as the U.S​.-​mediated ceasefire …

    Source: Yahoo Finance - Center-left
  • Published on Jul 4, 2025

    State-of-the-art aviation fuel depot constructed at Pokhara International Airport

    POKHARA: A state-of-the-art aviation fuel depot equipped with modern technology has been constructed at Pokhara International Airport. As per the government’s policy of building fuel storage facilities with a three-month storage capacity, Nepal Oil …

    Source: Nepal News - Neutral
  • Published on Jul 4, 2025

    Marico sees volume-led recovery in Q1 on rural demand, international momentum – Parachute steady, Saffola shines

    FMCG major Marico released its fiscal first quarter business update reporting a strong start to the financial year, underpinned by improving demand conditions and steady growth across key domestic and international markets.  During the quarter, Marico said …

    Source: Financial Express - Neutral
  • Published on Jul 3, 2025

    Brent crude oil may slip below $60/bbl by December 2025 as supply outstrips demand

    Global oil inventories increased over the first five months of 2025 and will continue to grow significantly over the forecast period, US EIA pointed out. Crude oil prices may slip below the $60 per barrel mark by December 2025 as a combination of …

    Source: The Hindu Business Line - Neutral
  • Published on Jul 3, 2025

    Oil Slips as US Plans Iran Talks

    Oil declined after Axios reported the US plans to restart nuclear talks with Iran, reducing the risk of another flare-up in the Middle East conflict. West Texas Intermediate crude slumped 0.7% to settle at $67 a barrel, while Brent settled below $69 after …

    Source: Rigzone - Neutral
  • Published on Jul 3, 2025

    Happy Oil Independence Day - The Energy Report

    Thursday, July 3, 2025 1:25 PM EDT Image Source: Unsplash We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty, and the pursuit …

    Source: myMotherLode - California - Pending
  • Published on Jul 4, 2025

    Increased demand drives use of higher-cost diesel: BPL chief

    By Fay Simmons Tribune Business Reporter jsimmons@tribunemedia.net BPL CEO Toni Seymour said the price of electricity will stabilise once LNG comes on stream next year. Speaking to Tribune Business, Ms Seymour said with the cost of oil and diesel …

    Source: The Tribune (Bahamas) - Neutral
  • Published on Jul 3, 2025

    Demand Sends Mixed Signals in Pivotal Year

    This year could be pivotal for determining the trajectory of future global oil demand, after major downward revisions in 2024. But making sense of the outlook in the fog of economic uncertainty from US tariff threats and geopolitical tensions, led by …

    Source: Energy Intelligence - Pending
  • Published on Jul 3, 2025

    Energy Supply and Infrastructure on the Brink: Can We Meet Surging Demand?

    How a perfect storm of data center power demand, lower oil prices, and policy shifts could jeopardize supply and increase gas and power prices A domestic energy supply crunch may be at our doorstep as market and policy shifts threaten to inhibit the United …

    Source: Lexology - Neutral
  • Published on Jul 3, 2025

    Has the oil market grown numb to conflict in the Middle East?

    The recent conflict between Israel and Iran, followed by a tense ceasefire, has not led to any long-term change in global oil prices. According to a new analysis by S&P Global Commodity Insights, the global oil market remains focused on supply and …

    Source: India Today - Neutral
  • Published on Jul 4, 2025

    Oil and Beyond: China's Expanding Global Footprint

    When Chinese Xiaomi launched its first EV models last month, it sold more than 300,000 cars in a matter of three days. The electronics giant is eyeing international shipments in two years. Sinopec, meanwhile, is drilling for oil in Kazakhstan. The two are …

    Source: Oil Price - Neutral
  • Published on Jul 3, 2025

    ‘Electricity is the new oil’: Expert anticipates oil prices to stay below US$70

    Rob Thummel, Senior Portfolio Manger at Tortoise Capital, joins BNN Bloomberg to discuss the outlook for the energy market. Amid ongoing tensions in the Middle East between Israel and Iran, a commodities expert says he expects oil prices to remain …

    Source: BNN Bloomberg - Neutral
  • Published on Jun 30, 2025

    Benchmarking: Outlooks See Oil Demand Slip, Supply Rise

    Halfway through 2025, the oil market is grappling with trade turbulence, a more assertive production policy from Opec-plus and, most recently, a broader conflict in the Middle East. Both oil supply and demand have been impacted, and the picture of 2025 …

    Source: Energy Intelligence - Pending
  • Published on Jul 4, 2025

    Oil eases on US tariff uncertainty and OPEC+ output expectations

    Oil prices fell slightly on Thursday as the possibility of U.S. tariffs being reinstated raised questions about demand ahead of an expected supply boost by major producers. Brent crude futures fell 34 cents, or 0.49%, to $68.77 a barrel by 1326 GMT. U.S. …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 3, 2025

    Energy Security Means Using Less Oil

    Following his strikes on Iranian nuclear facilities, U.S. President Donald Trump turned to social media to express his deep worries about oil prices, which had spiked by roughly 20 percent from their pre-conflict level. Even before Iran’s retaliatory …

    Source: Foreign Policy - Pending
  • Published on Jul 3, 2025

    India to Build Three New Oil Reserves…

    New Delhi, Jul 3 (KNN) To meet the rising domestic fuel demand and strengthen its energy security, India is planning to build three new strategic petroleum reserves (SPRs). These underground storage facilities will be developed in Rajasthan, Odisha, and …

    Source: Knowledge & News Network - Neutral

07 days 01:51:45

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  • Published on July 7, 2025 - 10:49 GMT

    China reconsiders recent Russian mega gas pipeline

    (MENAFN) China is showing renewed interest in Russia’s proposed Power of Siberia 2 gas pipeline, especially in light of recent tensions in the Middle East, the Wall Street Journal reported on Tuesday, citing Chinese government sources. The pipeline project …

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  • Published on July 7, 2025 - 10:51 GMT

    OPEC+ Fast-Tracks August Oil Production

    (MENAFN) OPEC and its partner nations, collectively referred to as OPEC+, revealed on Saturday their plan to raise oil production by 548,000 barrels per day (bpd) in August—an accelerated increase compared to July’s 411,000 bpd rise. This move reflects the …

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  • Published on July 7, 2025 - 10:50 GMT

    Indian refineries increase buying of Russian crude

    (MENAFN) India has emerged as the leading buyer of Russia’s seaborne Urals crude in 2025, accounting for 80% of total exports, Bloomberg reported, citing data from analytics firm Kpler. Two private Indian refineries—Reliance Industries and Nayara Energy— …

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  • Published on July 7, 2025 - 08:36 GMT

    German city demands return of Russian oil

    (MENAFN) Officials in the German town of Schwedt are urging the lifting of sanctions on Russian oil due to mounting difficulties at the local refinery that has traditionally relied on Russian crude, Politico reported on Friday, citing local sources. The …

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