economic slowdown

KEY POINTS Nigeria emerged as the highest crude oil producer among members of the Organisation of Petroleum Exporting Countries, OPEC, in December 2018, pumping 1.797 million barrels per day (bpd). …

China’s transition to greener fuels and a sluggish economy have led to slower oil demand growth, according to experts at the APPEC conference.  

Global jet fuel demand is softening due to tightening travel budgets and improved fuel efficiency, leading to concerns about the broader impact on oil prices. With economic challenges in key …