The International Energy Agency has stoked the flames by predicting that global demand for all fossil fuels will stop growing ...
Despite concerns about lower demand and rising non-OPEC supply, oil demand—particularly from China—remains resilient.
Venezuela’s flagship Merey blend, the main export to Asian markets, has seen its price fall by more than a quarter in recent months.
Even as oil prices swirl amid the turmoil gripping the Middle East, many traders have remained resolutely pessimistic about ...
Oil prices rose in early Asian trade on Thursday, paring sharp losses over the past two sessions, after industry data showed ...
In the U.S., crude oil and fuel stocks fell last week, market sources said, citing American Petroleum Institute figures on ...
The International Energy Agency predicts demand for fossil fuels will ebb pretty quickly as we move into the second half of ...
Since The Washington Post reported that Israel will not be targeting Iran’s oil output, prices have been falling.
Fuel prices fell 7% on month, the fastest rate this year. Oil prices hit their lowest level in years in September after oil cartel OPEC slashed its outlook for demand. Nonfuel imports meanwhile inched ...
Opec has consistently made the case for increasing oil use. Its World Oil Outlook 2050 report released last month estimates ...
Saudi Arabia’s oil production hike plan may not break Russia’s petro-export-fueled economy, but escalations between Iran and ...
OPEC’s latest Oil Market Report sheds light on the shifting dynamics of the global energy sector. The closely watched report not only provides an updated forecast on demand growth but also dives into ...