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As the world’s petroleum producers increase the global supply of oil, one market watcher says resilient demand for crude ...
Alaska North Slope crude, along with West Texas Intermediate and Brent, lifted to two-week highs despite a larger than expected production boost from the Organization of the Petroleum Exporting ...
LONDON -Oil prices edged lower on Thursday as investors weighed the potential impact of U.S. President Donald Trump's tariffs on global economic growth. Brent crude futures were down 17 cents, or 0.24 ...
It is all change at NNPC, says new CEO Bashir Bayo Ojulari, with the Nigerian state oil firm working on a multifront ...
U.S. natural gas futures were higher as the market awaits the EIA's weekly inventory report, which is expected to show a slightly bigger-than-average storage injection for the July 4 week.
Oil is expected to hold nearly 30% of the energy mix, while combined with gas it will stay above 50% through the period. "Oil underpins the global economy and is central to our daily lives," OPEC said ...
You can see that even with the increase in several months, we haven't seen a major buildup in the inventories, which means ...
VIENNA, July 10. /TASS/. OPEC+ nations are projected to increase their oil supply by 15 mln barrels per day (bpd) by 2050 compared to 2024 levels, reaching 64.1 mln bpd, while expanding their share of ...
Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...
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 ...
OPEC is sticking to its guns while everyone else is screaming climate emergency. The cartel now says global oil demand will hit 123 million barrels a day by ...
Donald Trump has advocated expanding production of domestic oil and gas to tackle a "national energy emergency." ...