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EIA says Trump trade war threatens global oil demand growth
11 Apr 2025 13:49 GMT
… could cause global oil demand growth to fall … oil demand could grow by 900,000 barrels … oil production to contribute to lower global demand growth for petroleum … products through 2026, which contributes to significantly lower oil …
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EIA expects less oil demand and lower oil and gasoline prices in an uncertain market
11 Apr 2025 11:41 GMT
… lead to less growth in demand for petroleum products than EIA had … global oil demand growth as well the potential for additional supply from OPEC … , mostly because of expected lower crude oil prices. If the forecast holds …
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US EIA predicts reduced global oil demand from trade tariffs and market uncertainties
11 Apr 2025 11:00 GMT
… a decline in global oil demand growth through 2026, driven … the Brent crude oil spot price to $68 per barrel (bbl) … growth and reduced demand for petroleum products than previously … global oil demand growth and potential additional supply from OPEC+ in …
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Oil Futures Rise Despite China Imposing 125% Tariff on US Imports
11 Apr 2025 15:28 GMT
… estimates for WTI and Brent crude average prices for 2025 … uncertainty about global oil demand growth, ample supplies from OPEC+ additional output, … has caused the two main crude oil benchmarks to hit their … for WTI and Brent crude average prices for 2025 …
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Greater inflation relief on sight for Türkiye if oil stays below $65
11 Apr 2025 12:06 GMT
… . West Texas Intermediate crude futures added 38 cents … Organization of the Petroleum Exporting Countries (OPEC) and its … leaves significant uncertainty over oil demand growth with more … barrel, citing global trade policy and higher OPEC production. Global oil …
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Crude price plunge sparks rethink for global oil producers
11 Apr 2025 13:41 GMT
… recession and energy demand. The same week, the OPEC+ cartel put … price of $69.70 per barrel. The Mexican government was … almost exclusively on oil revenues for spending, crude prices below $70 … euros ($64.38) per barrel. Tehran is also concerned about …
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Oil Steadies En Route to Weekly Drop as Trade War Roils Markets
11 Apr 2025 15:06 GMT
… steadied near $60 a barrel on Friday after China raised … for crude demand this year by almost 500,000 barrels a day, and oil … April, also hurt by an OPEC+ decision to bring back … continued, gradual unwinding of the OPEC+ production cuts.” To get Bloomberg …
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Energy Secretary Hints At Military Action Against Iran's Global Oil Exports
11 Apr 2025 13:23 GMT
… OF IRAN OIL EXPORTS: WRIGHT
Looks like 3MM barrels about to … of dollars worth of Iranian petroleum, targeting UAE-based shipping … a co-called “teapot” refinery.
Operating through UAE-based companies … be a positive outlook for oil demand and supply in the …
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Biofuel Industry Market Report 2025-2035: Government Incentives Drive Growth - Regulations Like The Renewable Fuel Standard (U.S.) And RED II (EU)
11 Apr 2025 11:53 GMT
… requirements for biofuels in transportation fuels. Additionally, tax credits, subsidies, … program has driven up palm oil demand, impacting food prices and contributing … Renewable Diesel (Drop-in Fuel) Biojet Fuel By Application Transportation Power Generation …
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Oil producers brace for 'somber' earnings season as crude falls
11 Apr 2025 15:40 GMT
… De Haan, GasBuddy, head of petroleum analysis. Great to have you … 's not. I think demand is the major concern moving … may not have heard. OPEC has increased oil production or is restoring … the underlying cost of a barrel of crude oil. Uh, you know, for …