"Crude demand clings by a thread," Bank of America said, predicting that slowing global GDP and green infrastructure will ...

Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

So, here’s the scoop: a major oil discovery in Antarctica has got everyone buzzing, and it’s stirring up quite a debate about the future of energy resources and global stability. This all started with ...

The forecast for global oil demand growth in 2025 has been raised to 1.1 million b/d, higher than the 1.05 million b/d ...

Located in the heart of Canada, the province of Saskatchewan has the resources needed to help ensure food and energy security ...

Azerbaijan’s proved oil reserves totaled seven billion barrels, Turkmenistan’s 600 million, and Uzbekistan’s 594 million. In ...

The oil industry is driven by booms and busts. Prices rise during periods of global economic strength during which demand outpaces supply. Prices fall when the reverse is true. Meanwhile ...

The global peak in oil production was reached in November 2018 at 84.6 mb/d. As of September 2024, global oil production has decreased by nearly 4 mb/d to 80.8 mb/d. The total liquids supply is ...

Hundreds of homesteads in Teso want the government to disclose details on the exact locations of the newly discovered crude oil deposits. Several residents indicated they are anxious, especially ...