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A weaker dollar lifts oil prices by making it cheaper for holders of other currencies. U.S. crude stocks rose while gasoline ... Additionally, there is doubt the recent increase in production quotas ...
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri highlighted India’s momentum in the energy sector to explore ...
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Despite the current tightness, forecasters are pointing out that supply growth is at risk of outpacing demand later in the ...
Opec has raised its forecast for world energy demand for the medium and long term as global economies expand and population growth boosts requirements for oil. Overall energy demand in the long term ...
Saudi Energy Minister Prince Abdulaziz bin Salman has warned that the global energy transition must not come at the expense ...
Oil steadied as traders weighed a large increase in US crude stockpiles and a wave of new tariff rates from President Donald ...
Dubai Senior officials from Saudi Arabia, the United Arab Emirates and Kuwait have defended the August production boost ...
Donald Trump has advocated expanding production of domestic oil and gas to tackle a "national energy emergency." ...
OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...
OPEC+ to Increase Output by 548,000 Barrels a Day in August. What it Means for Oil Markets. A court-appointed special master recommended a bid backed by Gold Reserve and Koch over a rival hedge-fund ...
UAE Oil Minister Suhail Al Mazrouei emphasized OPEC+’s deep market knowledge and defended its strategy, saying others had benefited from the group’s restraint. Crescent Petroleum CEO Majid Jafar was ...