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Global oil demand growth is set to slow over the rest of 2025 amid economic headwinds

16/05/2025

The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining

Saudi oil price war looks like unspoken gift to Trump

16/05/2025

Oil barely garnered a mention from U.S. President Donald Trump during his glitzy visit to Saudi Arabia this week. But

Middle East Crude-Oman, Murban drop; Qatar lowers July al-Shaheen term price

16/05/2025

Middle East crude benchmarks Oman and Murban fell for a third consecutive session on Thursday, while that for Dubai held

Weak EU gas prices, Chinese demand to encourage storage refill, Uniper executive says

16/05/2025

Current low European gas prices, supported by weak Chinese demand, will encourage the refilling of EU gas storage sites this

Japan’s oil refiners scale back decarbonisation efforts, refocus on fossil fuels

15/05/2025

Japanese oil companies are scaling back decarbonisation initiatives, including hydrogen and ammonia projects, amid a global shift towards more stable

Asia Distillates: June sales continue; jet fuel diffs flip to discount

15/05/2025

Asia’s middle distillates’ June spot activity remained in full swing for refiners, as a handful continued their regular offers in

Oil slides 3% on expectations for US-Iran nuclear deal

15/05/2025

Oil prices fell by about $2 on Thursday on expectations of a potential U.S.-Iran nuclear deal that could result in

Crude realities: Shaky balance in oil’s supply and demand shifts

15/05/2025

The first four months of the year have been turbulent for oil markets. Brent crude oil plunged by more than

Kazakhstan’s oil output fell 3% in April but stayed above OPEC+ quota

15/05/2025

Kazakhstan’s oil production fell 3% from March to 1.82 million barrels per day (bpd) in April, but was again above

Goldman Sachs sees upside risk to Brent, WTI oil price forecasts

15/05/2025

Goldman Sachs sees upside risk to its Brent and WTI oil price forecast in 2025 and 2026 from recent trade

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