Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

The Paris-based organization forecasts global demand to grow by 921,000 barrels a day in 2024 from 862,000 barrels a day previously, largely due to stronger-than-expected gasoil deliveries in OECD ...

India has emerged as the leading source of growth in global oil consumption, the US Energy Information Administration said on ...

Both U.S. and global oil production are set to rise to slightly larger record highs this year than prior forecasts, the U.S.

The Energy Information Administration lowered its 2025 forecasts for U.S. and global benchmark crude-oil prices, citing an ...

This growth is below the pre-pandemic 10-year average of 1.5 million b/d of annual growth ... s military response did not target Iran’s oil infrastructure. Despite the drop in oil prices in late ...

The U.S. Energy Information Administration announced on Wednesday that both U.S. oil production and global oil output are expected to reach record highs in this year, slightly higher than previous ...

U.S. Energy Information Administration. "Low Liquidity and Limited Available Storage Pushed WTI Crude Oil Futures Prices ...

Nuclear power is facing numerous challenges, including uranium shortages, geopolitical risks, and the economic and ...

ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.

Additionally, November is usually a weak month for gas consumption, and most refineries are now back online after annual ...

There is a recent media narrative that the second Trump administration will lead to a surge in U.S. oil production'.