Asian Oil Demand
IEA cuts 2025 oil demand forecast amid trade tensions, economic uncertainty
Global oil demand expected to rise by 730,000 b/d in 2025, down from 940,000 b/d last year
 "IEA cuts 2025 oil demand forecast amid trade tensions, economic uncertainty")
Asian nations look to buy more US fossil fuels to make Trump happy
The re-elected populist leader has threatened tariffs against a number of nations that have trade surpluses with the US
 "Asian nations look to buy more US fossil fuels to make Trump happy")
Oil prices fall on big US crude stock build, Asian fuel demand worries
Brent futures fell 28 cents to $80.90 a barrel by 0001 GMT. U.S. West Texas Intermediate crude (WTI) lost 31 cents to $76.35 a barrel.
 "Oil prices fall on big US crude stock build, Asian fuel demand worries")
Manufacturing, rise in air travel to take India oil demand to 5.4 mb/d
A better-than-expected rebound in Chinese economic activity may further empower oil demand in Asia which should be complemented by the rise in domestic demand for air travel
 "Manufacturing, rise in air travel to take India oil demand to 5.4 mb/d")
Oil prices recoup losses after OPEC upgrades China demand outlook
The Organization of the Petroleum Exporting Countries (OPEC on Tuesday further raised its forecast for Chinese oil demand growth in 2023 due to the relaxation of the country's COVID-19 curbs
 "Oil prices recoup losses after OPEC upgrades China demand outlook")
Saudi Arabia may raise April crude prices to Asia to all-time highs
The sharp price hikes are tracking strong gains in Middle East benchmark Dubai last month which reached record levels as buyers faced limited options amid tight supplies
 "Saudi Arabia may raise April crude prices to Asia to all-time highs")
Oil falls a third day as supply worries mount; OPEC to add more barrels
Oil prices fell a third day on Friday as supply concerns continued to haunt the market, with OPEC likely to add more barrels amid expectations that demand is returning
 "Oil falls a third day as supply worries mount; OPEC to add more barrels")
Traders accelerate oil sales from floating storage to meet Asia demand
Traders have accelerated crude oil sales from floating storage in December to meet higher demand in Asia as the region's refineries throttled up for peak winter consumption, trade sources said
 "Traders accelerate oil sales from floating storage to meet Asia demand")
Oil investors can find relief as diesel supplies sqeeze in Asian market
Strong consumption of the fuel -- used to power everything from trucks to ships and factories -- underpinned crude's bull run last year, a rally that's now being threatened by surging American product
 "Oil investors can find relief as diesel supplies sqeeze in Asian market")
