OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for ...

The Vienna-based cartel retained its oil demand forecast for this year after a series of cuts and projected broadly stable ...

Washington's latest sanctions package listed over 160 tankers, which moved around 22% of Russian seaborne oil exports in 2024 ...

Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...

The International Energy Agency anticipates an acceleration in global oil-demand growth this year on lower prices and an ...

Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana ...

World oil production decreased by 1,014 kb/d in September to 80,795 kb/d. The largest decreases came from Libya, 350 kb/d, ...

Many analysts expect an oversupplied oil market this year, after demand growth slowed sharply in 2024 in the biggest ...

OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely ...

OPEC forecast another year of steady oil demand growth, driven by India and China, in its first detailed assessment of 2026.

The 2026 forecast is in line with the Organization of the Petroleum Exporting Countries’ view that oil use will rise for the ...

For the construction of two 550 MW wind farms with a total capacity of a 1.1 GW in Egypt’s Gulf of Suez region ...