Global Oil Demand Surges Amid Red Sea Turmoil and Economic Optimism
The Paris-based agency revealed a 110,000 barrels per day (bpd) increase in its forecast for global oil demand compared to…
The Paris-based agency revealed a 110,000 barrels per day (bpd) increase in its forecast for global oil demand compared to…
The world’s premier forecasters of oil demand growth, OPEC and IEA find themselves further apart than they have been in…
Disruptions in Red Sea shipping routes and ongoing OPEC+ supply cuts are driving tightening conditions in oil markets, leading to…
OPEC and its allies, collectively known as OPEC+, are contemplating the extension of voluntary oil production cuts beyond the first…
The Organization of the Petroleum Exporting Countries (OPEC) has reaffirmed its outlook for strong growth in global oil demand, particularly…
The EIA predicts a surge in U.S. crude production, reaching a record 13.21 million barrels per day (bpd) in the…
Oil prices retreated on Tuesday, erasing gains from the previous sessions, as investors exercised caution ahead of the crucial OPEC+…
The Organization of the Petroleum Exporting Countries (OPEC) and allies extended output cuts through 2024, prompting EIA to release the…
The increase in production is a response to the rising oil prices, which have been driven by a number of…
Pakistan, OPEC Fund sign $72m agreement to finance Mohmand Dam project Much awaited hydropower project to be completed by 2025…