Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

OPEC is doubling down on its view that global oil demand will keep rising through 2050, with no peak demand in sight, ...

Good afternoon and happy Thursday, readers! We are continuing to follow the aftermath of the destructive flash flood that hit parts of central Texas last week. The death toll continues to increase as ...

As the bloc insisted that oil is central to the global economy and everyday life, OPEC said it sees “no peak demand on the horizon.” OPEC’s bullish forecast deviates from other recent projections made ...

MANY times, when something is about to get into decline, there is a revanchist action to try to reassert the old order, not ...

According to OPEC’s forecast, US oil production is projected to reach 23.1 mln bpd by 2030, compared with 21.8 mln bpd in 2024. Shale oil and tight oil output are expected to increase to 16.5 mln bpd ...

In its World Oil Outlook 2050 report published Thursday, the Organization of the Petroleum Exporting Countriues left its forecasts for 2025 global oil demand growth unchanged at 105 million barrels ...

OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...

The Organization of the Petroleum Exporting Countries doubled down on its view that global oil demand will keep rising through mid-century and that there is no peak in sight.