Norway’s Johan Castberg oilfield has reached peak production of 220,000 bpd just three months after startup, positioning it ...

Primary energy demand is forecast to rise by 24 per cent between now and 2050, he said, surpassing 120 million barrels of oil ...

But these firms keep pumping oil and gas more than they did earlier this decade as they expect that oil demand – regardless of a peak – isn’t going anywhere. Big Oil’s Big Pivot ...

Global oil demand is forecast to rise by 2.5 million bpd from 2024 to 2030, reaching a plateau around 105.5 million bpd by the end of the decade, per the agency’s latest estimates.

The IEA announced on Tuesday that global oil demand is projected to continue increasing until approximately 2030.

Gasoline demand dropped to 8.6 million barrels per day, prompting concerns about consumption in the peak U.S. summer driving ...

Oil demand will peak at 105.6 million barrels per day (bpd) by 2029 and then fall slightly in 2030, a table in the Paris-based IEA’s annual report shows.

India's palm oil imports in June soared by 61% to an 11-month high of 953,000 metric tons, driven by lower domestic inventories and competitive pricing.

Barring any major disruption to the oil market, the world is likely to be well-supplied over the next five years, Fatih Birol said.

The Iranian parliament has voted to close the Strait of Hormuz, although the final decision still lies with the country's top ...