The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth, widening the gap with ...
The IEA, representing industrialised nations, now expects oil demand to grow by 1.1 million barrels per day (mbbl/d) in 2024.
LAUNCESTON, Australia, June 3 (Reuters) - The OPEC+ decision to extend crude oil production cuts is an acknowledgment that ...
The group agreed to extend cuts of 3.66 million barrels per day by a year until the end of 2025. It will also prolong the ...
Peak oil is a theoretical concept that refers to the point in time when the global production of oil reaches its maximum rate ...
The love for ever-larger cars accounted for more than a quarter of the annual global demand growth for oil and 20% of the ...
Analysts at Goldman Sachs raised their global oil demand forecast and said peak petroleum demand is at least a decade away in a report released Sunday.
Bank of America predicts Brent and WTI peaking around $95 per barrel in summer, a roughly 10% jump … The latest bout of ...
June WTI crude oil (CLM24) on Tuesday closed down -0.54 (-0.68%), and June RBOB gasoline (RBM24) closed down -2.99 (-1.18%). Crude oil and gasoline prices posted moderate losses on Tuesday for a ...
The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Wednesday, further expanding the ...
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