The IEA, representing industrialised nations, now expects oil demand to grow by 1.1 million barrels per day (mbbl/d) in 2024.
World oil demand is forecast to grow by 1.1 million barrels per day this year, down 140,000 bpd from last month's projection.
Peak oil is a theoretical concept that refers to the point in time when the global production of oil reaches its maximum rate ...
LAUNCESTON, Australia, June 3 (Reuters) - The OPEC+ decision to extend crude oil production cuts is an acknowledgment that ...
Analysts have lowered their 2024 oil price forecast for the first time since February, reflecting lower risks to supply from ...
Stefan Andreasson owns shares in Shell. The energy transition is not on track to mitigate the effects of climate change. Take ...
The love for ever-larger cars accounted for more than a quarter of the annual global demand growth for oil and 20% of the ...
The RBI expects the price of the Indian basket of crude oil imports to be around $85 per barrel goi… ...
India’s crude oil demand has been growing this year despite consistently higher prices, suggesting that it is more resilient to price rises than some expected. This is according to a Petroleum ...
Bank of America predicts Brent and WTI peaking around $95 per barrel in summer, a roughly 10% jump … The latest bout of ...