News

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...
Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China talks that could pave the way for easing trade ...
There's no peak in global oil demand on the horizon and it will take trillions in investment in the coming decades to meet ...
OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate ...
Haitham al-Ghais, the Secretary-General of the Organization of Petroleum Exporting Countries, said Tuesday at the Global Energy Show in Calgary that the group projects global oil demand will surpass ...
Opec does two things well: produce oil and manage the market to its advantage. The cartel has long held that cutting production and keeping the oil price high beats selling more barrels at lower ...
A 20% drop in oil prices has complicated negotiations between Aramco and Nigeria over a record $5 billion oil-backed loan, as Nigeria struggles with low output and persistent oil theft.
U.S.-China trade talks were set to continue for a second day in London as top officials aimed to ease tensions that have ...
Kazakhstan’s crude oil exports are set to hold near record levels again next month, highlighting the ongoing challenge the ...
OPEC crude oil production rose by 150,000 barrels per day (bpd) in May, reaching 26.75 million bpd, a Reuters survey showed.
The Saudi allocations could be an early sign that the unwinding of OPEC+ production cuts might not result in much additional ...
Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan ...