Transocean trades near 52-week lows despite rising day rates and tight rig supply. Find out why I think RIG’s stock is highly ...

According to the forecast, global oil demand will increase by 18.2 mln barrels of oil equivalent per day by 2050, while gas demand will rise by nearly 20 mln boe/d ...

VIENNA, July 10. /TASS/. OPEC+ nations are projected to increase their oil supply by 15 mln barrels per day (bpd) by 2050 compared to 2024 levels, reaching 64.1 mln bpd, while expanding their share of ...

Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...

OPEC is sticking to its guns while everyone else is screaming climate emergency. The cartel now says global oil demand will hit 123 million barrels a day by ...

Bloomberg reported that some forecasts from major firms including Goldman Sachs and Citi see Brent prices falling to US$60–65 ...

Saudi Arabia, the United Arab Emirates, and Kuwait—lined up on Wednesday to say that the super-sized addition of supply by the producer club at the weekend was needed by the global market. Oil prices ...

VIENNA – Opec has cut its global oil demand forecasts for the next four years as Chinese growth slows , even as it lifted its ...

Nigerian National Petroleum Company Chief Executive Officer Bayo Bashir Ojulari says OPEC+'s decision to accelerate the ...

However, tensions de-escalated in the Middle East much quicker than expected, and the ceasefire between Israel and Iran ...

Oil prices were swinging between gains and losses but remained modestly higher for the week, supported by a weaker dollar as Trump's new tariff rates weighed on sentiment. The Organization of the ...

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