The Organization of the Petroleum Exporting Countries, OPEC, published its World Oil Outlook for 2024, with optimistic ...
The chasm between the two forecasting bodies has widened so much in the past two years that they now hold contrasting views ...
Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...
The US expects crude production to grow by just 320,000 barrels a day next year, much slower than previously estimated.
OPEC published its long-term outlook for the oil market up to 2050 this week, Commerzbank’s commodity analyst Carsten Fritsch notes.
Analysts and professionals in the global energy space have long debated the prospects for reaching peak demand for crude oil.
Oil minister Hardeep Singh Puri said India is not worried about supply disruptions if the war escalates in West Asia as there ...
The US Dollar Index eases for a second day in a row as the short squeeze in the DXY looks to end.
Opec raised world oil demand forecasts for the medium and long term, citing growth led by India, Africa and the Middle East ...
Kremlin resolves to display public solidarity with Opec and its leader Saudi Arabia that has largely overlooked ...
Oil prices dropped 5% this week due to rising OPEC supply and weak demand from China. Natural gas prices rose on Hurricane ...
On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher profits.