Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...
Oil prices fell about 2% to a two-week low on Monday as news of surging interest in Chinese startup DeepSeek's low-cost ...
Major Wall Street banks lifted their oil-price forecast for the year amid growing uncertainties over the impact of U.S. trade ...
Report by US think tank National Center for Energy Analytics criticised IEA over what it said was organisation’s ...
Saudi Aramco's CEO expects global oil demand to grow by 1.3 million barrels per day in 2025, driven by robust economic growth ...
Nasser’s expectations for 2025 oil demand are similar to predictions made by Opec’s most recent monthly report, which pegged ...
The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices ...
Chevron reported lower-than-expected fourth-quarter earnings due to a loss in its refining division, despite strong upstream ...
“It is too early to claim peak oil,” says Meg O’Neill, the chief executive of Woodside, Australia’s largest oil and gas ...
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 ...
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 ...
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 ...