Energy dominance” is a most confusing term that obscures more than it illuminates. On Saturday, July 5, there was a (virtual) ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Find insight on BP, oil prices, Embraer and more in ...

BP said it anticipates higher oil production and trading revenue in the second quarter, helping to offset falling fuel prices ...

Oil rose in early trade on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ was weighing a pause in output hikes after August. Supply is set to rise three times faster than ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

OPEC is doubling down on its view that global oil demand will keep rising through 2050, with no peak demand in sight, releasing its annual World Oil Outlook on long-term energy trends.

Oil prices fell more than 2% on Thursday, as investors weighed the potential impact of U.S. President Donald Trump's tariffs ...

The Organization of the Petroleum Exporting Countries said that global oil consumption will continue to swell well into the ...

According to OPEC’s forecast, US oil production is projected to reach 23.1 mln bpd by 2030, compared with 21.8 mln bpd in 2024. Shale oil and tight oil output are expected to increase to 16.5 mln bpd ...

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 ...

OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...