Vienna: OPEC on Wednesday kept its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption, and reported that Kazahkstan led a jump in ...

China's largest ultra-deep oil and gas production base, the Tarim oilfield, has extracted a total of 150 million metric tons ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

The mood at Houston’s big annual oil and gas get-together has been upbeat on the prospects for the industry under a fossil ...

Moreover, OPEC also maintained its outlook on growth of oil supply from non-OPEC+ countries at 1 mbd for 2025 and 2026. In ...

Oil production totaled 35.506 mln barrels per day without Libya, Iran and Venezuela exempted from the deal performance ...

KYARUSHESHA, Uganda — For its first 88 completed miles, the world’s most controversial oil pipeline system runs in a ...

Gunvor's CEO, one of the largest oil traders in the world, stated on Monday that global oil supply is growing faster than demand.

Global oil supply growth is outstripping demand, the CEO of one of the world's largest oil tradersGunvor said on Monday.