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Topics:
Oil Demand, Oil Supply, Refining, Oil Products, NGL/LPG
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Benchmark futures contracts confirm the pessimistic outlook by flipping into contango in early 2026, an indication of an oversupplied market.
Mon, Apr 21, 2025
Average demand growth is now just below 1 million b/d this year, according to select forecasters, down from 1.2 million b/d seen in March.
Thu, May 1, 2025
Indian Oil will add 17.5 million tons of refining capacity from three expansion projects in the fiscal year 2025/26, company officials said.
Wed, Apr 30, 2025