News

Optimistic over Angola’s untapped gas potential, Azule Energy is considering another gas exploration well after leading the ...
OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...
OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...
The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.
"However, OPEC's demand forecast is very optimistic, with expected increases of 1.3 million and 1.4 million barrels per day ...
U.S. shale producers are cutting rigs, slashing budgets, and pulling back hard as cheap oil from OPEC pushes prices deep ...
Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...
Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...
OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...
Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...
The sluggish demand clashes with a surge of production from Opec. The IEA said Opec’s push to boost global oil supply would ...