MNI: PBOC Net Drains CNY150.6 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1879 Tues; -2.42% Y/Y

JUSTIN TRUDEAU TO STEP DOWN AS CANADA LIBERAL LEADER AND PM

MNI China Daily Summary: Monday, January 6

MNI INTERVIEW2: China Central Gov Should Buy Unsold Houses

MNI China Press Digest Jan 6: PBOC Bills, Yuan, Capital Market

MNI: AUSTRALIA NOV BUILDING APPROVALS -3.6% M/M, +3.2% Y/Y

MNI: AUSTRALIA DEC DWELLING APPROVALS -3.6% M/M

MNI: UK BRC DEC BY VALUE SHOP SALES LFL +3.1% YY, TOTAL +3.2% YY

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

OIL: JBC Points to Geopolitics as 2025 Oil Driver

OIL
BulletEnergy BulletsCommodities

Geopolitics will be key for oil markets in 2025 according to JBC Energy Group Chairman Johannes Benigni speaking with CNBC. 

  • “The world economy has not been doing great but still we had 1.6mn bpd oil demand growth this year and for 2025 we are looking at 1.4mn bpd demand growth,” Benigni said.
  • “That doesn’t look like demand is bad and ailing, despite the energy transition, demand is robust,” he added.
  • “The geopolitical aspect is going to take over much more,” pointing towards Trump as a key factor.
  • “There is a little more room on the upside for U.S. oil production and a lot more for gas” Bengini said.
106 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Geopolitics will be key for oil markets in 2025 according to JBC Energy Group Chairman Johannes Benigni speaking with CNBC. 

  • “The world economy has not been doing great but still we had 1.6mn bpd oil demand growth this year and for 2025 we are looking at 1.4mn bpd demand growth,” Benigni said.
  • “That doesn’t look like demand is bad and ailing, despite the energy transition, demand is robust,” he added.
  • “The geopolitical aspect is going to take over much more,” pointing towards Trump as a key factor.
  • “There is a little more room on the upside for U.S. oil production and a lot more for gas” Bengini said.