OPEC Foresees Rise in Crude Oil Demand Till 2045
Adedapo Adesanya By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries (OPEC) has said its members, including Nigeria, will…
oil demand
EV Vehicle Adoption to Shrink Oil Demand in 2024—IEA
By Adedapo Adesanya The International Energy Agency (IEA) has said demand growth for oil next year will be…
World Oil Demand Forecast Remains Steady at 2.33mbpd—OPEC
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries (OPEC) has stated that the global oil demand…
Brent Slumps 3% on Weaker Demand, Stronger US Dollar
By Adedapo Adesanya Brent crude fell by 3.5 per cent or $3.26 on Thursday as expectations of weaker…
Global Oil Demand to Rise 1.7mbpd in 2022—IEA
By Adedapo Adesanya Global oil demand is expected to rise by 1.7 million barrels per day this year…
Oil Demand Worries Plunge Prices by 5%
By Adedapo Adesanya The prices of the crude oil benchmarks plunged more than 5 per cent on Friday…
Lockdown in China Mounts Pressure on Crude Oil Prices
By Adedapo Adesanya Crude oil prices came under pressure on Tuesday as the lockdown in China continues to…
Global Oil Demand Worries Depress Prices by 3%
By Adedapo Adesanya Prices of crude oil were down on Monday by more than 3 per cent amid…
Weaker Growth, High US Interest Fears Sink Oil Prices
By Adedapo Adesanya Oil prices closed in the bearish territory on Friday as traders weighed the effect of…
Oil Rises as US Shows Promise of Strong Demand
By Adedapo Adesanya Oil prices rose more than one per cent on Thursday on reports that implied petroleum…