Norway’s Johan Castberg oilfield has reached peak production of 220,000 bpd just three months after startup, positioning it ...

Primary energy demand is forecast to rise by 24 per cent between now and 2050, he said, surpassing 120 million barrels of oil ...

But these firms keep pumping oil and gas more than they did earlier this decade as they expect that oil demand – regardless of a peak – isn’t going anywhere. Big Oil’s Big Pivot ...

Indian equity benchmarks closed lower on Thursday due to profit-taking in financials and volatility surrounding the weekly ...

Global oil demand is forecast to rise by 2.5 million bpd from 2024 to 2030, reaching a plateau around 105.5 million bpd by the end of the decade, per the agency’s latest estimates.

Oil demand will peak at 105.6 million barrels per day (bpd) by 2029 and then fall slightly in 2030, a table in the Paris-based IEA’s annual report shows.

India's palm oil imports in June soared by 61% to an 11-month high of 953,000 metric tons, driven by lower domestic inventories and competitive pricing.

Gasoline demand dropped to 8.6 million barrels per day, prompting concerns about consumption in the peak U.S. summer driving ...

Global oil demand growth, meanwhile, will “slow to a ‘trickle’ [over] the next few years, with consumption at a maximum of 105.5m barrels a day in 2029…It would then decline slightly the following ...

With intensifying geopolitical strains and heightened uncertainty about global economic prospects, oil markets are undergoing structural changes as ...

Oil demand will peak at 105.6 million barrels per day (bpd) by 2029 and then fall slightly in 2030, a table in the Paris-based IEA's annual report shows. At the same time, global production ...