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 secretary-general projects a 24% rise in global oil demand by 2050 and warns of dire consequences from chronic ...
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 ...
OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate ...
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 ...
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
Brent crude futures edged up 12 cents to $67.16 a barrel at 0041 GMT. U.S. West Texas Intermediate crude was trading up 13 ...
Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan ...