The Organization of the Petroleum Exporting Countries said that global oil consumption will continue to swell well into the ...

MANY times, when something is about to get into decline, there is a revanchist action to try to reassert the old order, not ...

Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

The OPEC oil cartel said Thursday that demand for crude will continue to expand through at least 2050, calling efforts to ...

Good afternoon and happy Thursday, readers! We are continuing to follow the aftermath of the destructive flash flood that hit parts of central Texas last week. The death toll continues to increase as ...

OPEC’s latest forecast dismisses the idea of imminent peak oil demand, projecting rising consumption through 2050 despite ...

World demand will average 105 million barrels per day this year, OPEC said in its 2025 World Oil Outlook published on ...

Forecasts built on policy hopes often miss real-world demand signals and lead to “missing barrels,” argues Neil Atkinson in ...

OPEC is doubling down on its view that global oil demand will keep rising through 2050, with no peak demand in sight, ...

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 ...

Per the Sublime China Information figures, 76,100 new energy trucks were sold in the country between January and June, with ...

OPEC has reaffirmed its bullish outlook on oil, projecting steady demand growth through 2050 with no peak in sight, The Wall Street Journal writes.  In its latest annual report, the group forecasts ...