Just as Brazil hosts the latest climate change summit, COP 30, the country is being hailed as the new oil frontier. Together ...

The World’s July oil production increased by 428 kb/d to 84,726 kb/d, green graph, a new World Peak Oil All-Time High. Last ...

Oil prices fell sharply on Wednesday after OPEC said it now expects the global market to be balanced in 2026, abandoning its ...

Crude oil prices fell sharply, pressured by mounting concerns of an oversupplied market after OPEC said it now expects a ...

The Vienna-based cartel expects global oil demand to grow by 1.3 million barrels a day this year and 1.38 million barrels a ...

The Organization of the Petroleum Exporting Countries (OPEC) announced on Wednesday that the International Energy Agency (IEA ...

Members of the Organization of Petroleum Exporting Countries and their allies decided over the weekend to boost oil output by ...

There are currently serious fears about a glut in the oil markets – too much oil. And an abundance of oil has the effect of ...

The region is seeing a boom in fossil fuels just as the impacts of the climate crisis really bite. It’s raising thorny ...

Crude oil futures traded lower on Thursday morning after the Monthly Oil Market Report from the OPEC+ (Organization of ...

Oil prices dropped sharply yesterday as the Organisation of the Petroleum Exporting Countries (OPEC) estimated that global ...

OPEC Secretary General Haitham Al-Ghais said Thursday that global demand for primary energy is expected to rise by 23 percent ...