News

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...
Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China talks that could pave the way for easing trade ...
OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...
There is no peak in oil demand on the horizon and global demand could surpass 120 million barrels per day by 2050, says the ...
There's no peak in global oil demand on the horizon and it will take trillions in investment in the coming decades to meet ...
Haitham al-Ghais, the Secretary-General of the Organization of Petroleum Exporting Countries, said Tuesday at the Global ...
OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate ...
West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $64.11 per barrel ...
Opec does two things well: produce oil and manage the market to its advantage. The cartel has long held that cutting production and keeping the oil price high beats selling more barrels at lower ...
Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan ...
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
Bank of America: Saudi Arabia is preparing for a prolonged oil price war to regain market share. U.S. shale is more vulnerable than in past price wars, needing $65+ WTI to stay profitable amid rising ...