Petroleum Economics - Search News

OPEC Maintains Oil-Demand Growth Forecasts Amid Tariff Uncertainty

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.

The Wall Street Journal on MSN · 5d

OPEC Sticks to Oil-Demand View Ahead of Output Hike

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, bolstered by strong air travel demand and road mobility.

Bloomberg L.P. · 4d

Oil Demand Threatened by Trade War, Tariffs: IEA

You and the team write that macro conditions that underpin our oil demand projections deteriorated over the past month as trade tensions escalated. What is your estimation in just how harmful some of the tariffs,

Hosted on MSN · 4d

IEA’s hard line on oil glut clashes with Opec forecast

The International Energy Agency (IEA) has said US tariffs will contribute to a decline in global oil demand growth this year, once again contrasting with Opec’s more optimistic forecast. In a monthly report published on Thursday the IEA forecast that oil demand would grow by 1 million barrels per day (bpd) in 2025,

Vanguard1d

Warri’s Oil Wealth: A mandate for economic justice

By Michael Tidi The recent $2.4 billion sale of Shell Petroleum Development Company’s (SPDC) onshore and shallow-water assets to the Renaissance Group is more than a corporate realignment; it is a ...

Shreveport Times7h

$30 million redevelopment project on a Shreveport tower. Here's what we know

A $30 million redevelopment project will transform Shreveport's Petroleum Tower into a residential and retail space. The project, led by Louisiana Historic Development, LLC., will create 117 modern ...

Legit.ng on MSN3d

Dangote Lists Economic Benefits of Refinery, Reduces Petrol Price

The Dangote Group has revealed some of the benefits Nigerians and the general economy will enjoy from its petroleum refinery ...

Hosted on MSN24d

Petroleum Minister highlights economic progress

Petroleum Minister Mussadik Malik on Thursday ... He praised the government's economic management, claiming that inflation had dropped from 40 percent to just 3 percent due to its efforts.

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