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Thank you for posting the articles. They are all focused on the oil industry. And this is good. Carry more out research to find out more information on the global demand and supply of  oil, elasticity of demand and supply of oil and what other geopolitical factors affect the demand, supply and prices of crude oil.
You may carry on writing the report.

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Article 1: Oil stocks drops due to Iran Sanctions

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Article 1: Oil stocks drops due to Iran Sanctions

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In this article, it showcases the drop in supply of oil in Iran, and that global demand for oil is elevating slower than expected.

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London

GLOBAL oil demand will grow more slowly than previously thought following an economic lull in Asia, the International Energy Agency said, while warning that supplies stand to tighten due to US sanctions on Iran.

Disappointing fuel consumption in China, Japan and Brazil meant 2019 started with a "tough quarter", the agency said, lowering its global demand estimate for the first time since October. As a result, world oil inventories surprisingly swelled during the first three months of the year.

Nonetheless, stockpiles are set to plunge sharply this quarter as demand picks up and as US sanctions squeeze production in Iran, which could fall this month to the lowest since the country's war with Iraq in the 1980s, the IEA said.

"There is a modest offset to supply worries from the demand side," the Paris-based agency, which advises major economies on energy policy, said in its monthly report. "Even so, slower demand growth is likely to be short-lived, as we believe that the pace will pick up during the rest of the year."

Oil prices are holding just above US$70 a barrel in London as traders await the full impact of American sanctions on Iran, and clarity on how quickly other Opec members such as Saudi Arabia raise production to offset any losses. Tensions in the Middle East flared this week as Riyadh said two oil tankers and some facilities came under attack.

The IEA slashed estimates for global oil demand in the first quarter by 400,000 barrels a day, and for the year as a whole by a more modest 200,000 a day. As a result, the growth rate for 2019 was lowered by 90,000 barrels a day to a still "healthy" 1.3 million a day.

Because of the unexpected weakness in demand, oil stockpiles ballooned by 700,000 barrels a day in Q1 - about seven times as much as previously estimated - even as the Organization of Petroleum Exporting Countries and its partners reduced production to keep markets balanced.

The surplus though seems about to turn into tightness as demand recovers, the agency cautioned, with inventories poised to decline by a similar amount this quarter. Stockpiles in developed nations fell by 25.8 million barrels in March and in terms of the levels required to meet projected demand, have already slipped to the lowest since July.

Iran's oil production has already slumped to the lowest since September 2013 with the onset of renewed US sanctions, to 2.6 million barrels a day, and may plunge to the lowest in decades this month as the penalties take full effect, the IEA said.

The agency said it welcomed signals from other producers that they're prepared to fill the gap. Saudi Energy Minister Khalid Al-Falih said in late April that the kingdom will ultimately accommodate Iran's customers, though won't rush to increase production.

For the time being the Saudis and other Opec members are keeping output steady, pumping 30.2 million barrels a day last month, according to the IEA. Key Opec nations will confer with partners such as Russia and Kazakhstan in the Saudi city of Jeddah this weekend on how to manage supplies during the second half of the year. BLOOMBERG

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Oil stock drops as Iran sanctions bite, says IEA

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GLOBAL oil demand will grow more slowly than previously thought following an economic lull in Asia, the International Energy Agency said, while warning that supplies stand to tighten due to US sanctions on Iran. Read more at The Business Times.

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In this article , it states that there will be a spike in price of oil.

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TOKYO: Oil prices crept up on Wednesday, extending the previous session's rise, but gains were kept in check amid growing fears over the impact of a global economic slowdown on demand.

Brent was up by 17 cents, or 0.3 per cent, at $68.14 by 0311 GMT, reversing earlier losses of a similar magnitude. On Tuesday, the global benchmark rose 76 cents to $67.97 a barrel, not far below its year-to-date high of $68.69, reached on March 21.

US crude futures added 9 cents, or 0.2 per cent, to $60.03, also reversing losses in earlier trade. The US benchmark rose $1.12, or 1.9 per cent, to $59.94 a barrel in the previous session.

"We seem to have reached a state of equilibrium after the recent headline-driven choppy trading and we need to see some new impetus for price direction," said Jeff Halley, senior market analyst at OANDA in Singapore.

That is unlikely to come until there is a conclusion on the US-China trade talks, he added, referring to negotiations that restart on Thursday as the world's two largest economies seek to end an eight-month old trade war.

Oil rose on Tuesday as Venezuela's main oil export port of Jose and its four crude upgraders were unable to resume operations following a massive power blackout on Monday, the second in a month.

Prices have risen more than 25 per cent this year, supported by supply curbs by the Organization of the Petroleum Exporting Countries and other major producers, along with US sanctions on exports from Venezuela and Iran.

But worries about demand have limited oil's rally as manufacturing data from Asia, Europe and the United States pointed to an economic slowdown.

The American Petroleum Institute, a trade organization, said late on Tuesday that US crude inventories rose 1.9 million barrels in the latest week, while analysts had forecast a decrease of 1.2 million barrels.

The market was waiting to see whether official figures due later on Wednesday would confirm the API data.

"It will be very interesting to see the inventory numbers tonight. If we see a fall we could see a sharp move higher," OANDA's Halley said.

Hedge funds and other money managers have increased bets that demand for oil will be sustained, even as the market rallied last week.

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Oil prices edge higher, but future demand concerns cap gains

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TOKYO: Oil prices crept up on Wednesday, extending the previous session's rise, but gains were kept in check amid growing fears over the impact of a global economic slowdown on demand. Brent was up by 17 cents, or 0.3 per cent, at $68.14 by 0311 GMT, reversing earlier losses of a similar magnitude.

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In this article, it showcases the effects on the China's oil market due to the China-US trade rift
https://www.businesstimes.com.sg/energy-commodities/american-oil-finds-new-markets-as-china-us-trade-rift-grows

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Explanation (Demand) :
According to the article, the demand for oil is set to increase in the upcoming future, which would cause the supply to sharply plunge. This is due to the fact that in the first quarter of the year, demand for oil decreases. As such, oil prices decreases. In this current time of the year, as oil prices decreases, demand for oil increases (ceteris parabus).

Explanation (Supply) :
The article states that overall global supply of oil is higher than initially expected. This is due to the unexpected slow growth of demand for oil, there was lesser demand for oil than it was estimated to be.The demand for oil decreased. As a result, the inventory of oil swelled up all around the world. Thus, global supply of oil increased.
The oil stocks has dropped in Iran. This is due to the sanctions by the USA, which is the trigger that limited the oil production in Iran. Therefore, supply of oil in Iran decreased.
More information: Oil prices are about just above US$70 a barrel in London as traders await the full impact of American sanctions on Iran. The IEA slashed estimates for global oil demand in the first quarter by 400,000 barrels a day, and for the year as a whole by a more modest 200,000 a day. As a result, the growth rate for 2019 was lowered by 90,000 barrels a day to a still "healthy" 1.3 million a day. Due to unexpected demand weakness, oil stockpiles ballooned by 700,000 barrels a day in - about 7 more than estimated. Stockpiles in developed nations fell by 25.8 million barrels in March. Iran's oil production is at its lowest since 2013, at 2.6 million barrels a day, and may plunge more as penalties take full effect. For the time being the Saudis and other Opec members are keeping output steady, pumping 30.2 million barrels a day last month.

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Explanation:The article revealed that the prices of oil has risen more than 25 percent in 2019. International Brent crude oil futures were up US$1.39 to settle at $61.32 a barrel, a 2.32 percent rise, while U.S. West Texas Intermediate (WTI) crude futures increased $1.32, or 2.54 percent, to settle at $53.31 a barrel.

The increase in price of crude oil is worsen by US sanctions on export from Venezuela and Iran.

The jack up in prices will affect the T.E.N.P.F and T.E.N.P.M, as the prices of oil is on the rise. This will cause the supply curve to move towards the right and the demand curve to move to the left .

Supply increases as price increases and sellers are more willing to supply while consumers are less willing to buy due to how expensive it has become . Therefore demand decreases.This causes market in-equilibrium.

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Explanation: The article indicates that US acted according to their own motivations and interests by decreasing the oil imports to China by 80 percent. Meanwhile China retaliated by increasing tariffs on American goods and imposed new ones for others. Canada, South Korea and Chile all received positive externalities as they all benefited from the trade war between US and China.

"America shipped 470.2 million barrels to 38 countries from October through March, compared with 359.3 million to 31 nations in the previous six months, according to Census Bureau data compiled by Bloomberg.

The volumes increased even as shipments to China sank nearly 80 per cent.""

As tariffs on American goods increase, Chinese consumers will have a decrease in demand for the American goods should US chooses to raise the price of the goods being imported to China, it will cause response from the buyers in China as they will tend to choose goods from other countries instead.

"Countries such as Canada and South Korea increased their purchases, while Chile took its first cargoes."