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The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency said on Friday, as refineries ramp up processing to meet ...
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...
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Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...
Oil was higher in the early Asian session. “Traders are mindful of rising geopolitical tensions in the Middle East,” ANZ Research analysts said.
Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...
When compared to the oil reserves and output in other parts of the world, the Antarctic finding is around ten times greater than what has been extracted from the North Sea over the last 50 years. This ...
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...