Oil markets have remained remarkably resilient so far this year, despite concerns over U.S. President Donald Trump's trade ...

Oil prices rose despite OPEC+ increasing output, exposing tighter-than-expected global crude and diesel markets.

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

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, ...

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

Oil is expected to hold nearly 30% of the energy mix, while combined with gas it will stay above 50% through the period. "Oil underpins the global economy and is central to our daily lives," OPEC said ...

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 ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts.