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OPEC+ Extends Output Cuts as Market Remains Stable
By MBN Staff - Tue, 11/04/2025 - 12:44
Eight OPEC+ countries will reduce oil production by 137Mb/d in December, maintaining supply discipline amid steady market and economic conditions.
https://mexicobusiness.news/tag/oil-demand
More Oil & Gas
Oil Markets Struggle With Oversupply as Demand Growth Falters
By Andrea Valeria Díaz Tolivia - Fri, 09/19/2025 - 09:32
Global oil demand stagnates while supply surges to record highs, pushing stocks higher and keeping Brent crude near US$67/b.
US Threatens IEA Withdrawal Over 'Politicized' Energy Forecasts
By MBN Staff - Fri, 07/25/2025 - 11:20
The US Energy Secretary indicated that the Trump administration views the IEA's energy transition projections as "unrealistic" and "politicized."
Oil Demand to Grow Through 2050 Despite Clean Energy Gains
By Andrea Valeria Díaz Tolivia - Tue, 07/15/2025 - 09:59
Global oil demand is expected to rise 19% by 2050, requiring US$18.2 trillion in investment, with Mexico playing a key role, reports OPEC.
IEA Lowers 2025 Oil Demand Forecast Amid Trade Tensions
By MBN Staff - Tue, 04/22/2025 - 15:08
IEA has cut its global oil demand growth forecast for 2025, citing escalating trade tension.
Mexican Crude Oil Price Falls Below Government Estimate
By MBN Staff - Tue, 04/22/2025 - 13:53
Mexico’s crude oil export price stands below government projections for the second week in a row, trading at US$59.30/b.
CNE Takes Over: The Week in Oil and Gas
By Perla Velasco - Mon, 04/21/2025 - 08:32
The newly established CNE eliminates CRE’s constitutional autonomy, placing regulatory control under SENER. This and more in The Week in Oil and Gas!
OPEC Lowers 2025 Global Oil Demand Forecast
By MBN Staff - Mon, 04/14/2025 - 13:04
OPEC slashes its 2025 oil demand growth forecast by 150Mb/d, citing weak 1Q25 data and tariff uncertainty.
Biden Bans Offshore Drilling: The Week in Oil and Gas
By Perla Velasco - Fri, 01/10/2025 - 09:00
US President Biden announced restrictions on offshore oil and gas projects across most of the US coastline to protect coastal ecosystems.
Oil Demand to Peak by 2030: Sinopec
By MBN Staff - Mon, 01/06/2025 - 09:50
Sinopec's recent long-term global energy outlook highlights key trends shaping the future of energy.