Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...

The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices ...

Chart above shows the significant difference between EIA STEO forecast for World Oil demand from 2024 to 2026 compared with the OPEC forecast which is 1.5 Mb/d higher in 2026 and 1.1 Mb/d higher ...

Report by US think tank National Center for Energy Analytics criticised IEA over what it said was organisation’s ...

Oil prices fell about 2% to a two-week low on Monday as news of surging interest in Chinese startup DeepSeek's low-cost ...

Saudi Aramco's CEO expects global oil demand to grow by 1.3 million barrels per day in 2025, driven by robust economic growth ...

Both emerging and developed markets will see higher demand this year and in its projection out to 2026, OPEC expects oil consumption to remain buoyant at 1.43m b/d. Emirates NBD Research said: “The ...

Ultimately, I do think this is a market that’s ready to bounce given enough time, and the central banks around the world cutting rates could very well drive out demand for oil. Even if we were ...

Nasser’s expectations for 2025 oil demand are similar to predictions made by Opec’s most recent monthly report, which pegged ...

Rig demand is forecast to average 4,704 between 2025 and 2029, an increase of 18% on the previous five-year period. Global ...

TOKYO -- Experts are beginning to predict China's demand for crude oil may hit a ceiling earlier than previously forecast, as the world's second-largest economy undergoes a state-led structural ...

The consumption growth is expected to be led by fuels and products like petrol, aviation turbine fuel (ATF), liquefied ...