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weak oil demand

  • In the News

    OPEC+ May Delay December Oil Production Increase Over Weak Demand

    by Ikeoluwa Juliana Ogungbangbe October 31, 2024
    by Ikeoluwa Juliana Ogungbangbe October 31, 2024

    KEY POINTS OPEC+ may delay its planned oil production increase in December due to concerns over weak demand and rising supply, four sources close to the matter told Reuters on …

  • In the News

    Oil Prices Slide on Weak Demand, Ample Supply

    by Victor Adetimilehin May 21, 2024
    by Victor Adetimilehin May 21, 2024

    Oil prices are experiencing a downward trend due to weak demand from refineries and a rise in global crude oil supply. This trend is impacting the global oil market and …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Chevron Sets Sights on Nigeria Licensing Around as it Prepares Fresh Drilling Push for 2026
Sudan’s Oil Industry Near Collapse as Expanding War with RSF Cuts Deep Into Production

Latest Stories

Chevron Sets Sights on Nigeria Licensing Around as it...
Sudan’s Oil Industry Near Collapse as Expanding War with...
Eskom Delivers Strong Interim Profit as Operational Stability Starts...

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