News

The OPEC+ alliance, which includes countries such as Russia and Kazakhstan, will expand its share of global oil markets to 52 ...
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 ...
Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...
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 ...
OPEC Cuts World Oil Demand Forecasts For 2026, 2027, 2028 And 2029 In Its 2025 World Oil Outlook Versus Last Year's Report - ...
It said that by 2040, OPEC+ countries would overtake those outside the alliance in terms of oil supply volumes - 60.4 million bpd versus 59.7 million bpd, and by 2050 the gap would increase - to 64.1 ...
Venezuela's top oil official, Delcy Rodríguez, met with leaders from Turkey and Saudi Arabia at a major OPEC event in Vienna. These talks aimed to b ...
WTI price may face challenges amid rising global demand concerns following Trump’s tariffs. Trump’s new letters detail ...
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $67.36 per barrel, up from Wednesday’s close at $67.32. Brent Oil Exchange Rate (Brent crude) ...
The UAE said on Thursday it was committed to staying the course on its plan to be able to produce five million barrels per ...
Oil fluctuated as traders weighed a large gain in US crude stockpiles against fresh US efforts to crimp Iranian crude exports.