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OPEC’s crude oil production dropped by 604,000 barrels per day (bpd) in September compared to August. This decline was primarily…
The energy sector is becoming increasingly important in the US presidential election. It could be a key factor in deciding…
On Friday, October 4, 2024, the price of OPEC’s basket of 12 crude oils reached $77.66 per barrel. This is…
Caracas, Oct 7 (Prensa Latina) — Venezuelan Oil Minister Delcy Rodríguez met with Haitham Al Ghais, the Secretary General of…
OPEC+ will not hold any immediate discussions regarding changes to oil production levels, a senior Russian official announced. Alexander Novak,…
A recent headline from the Financial Times captured the current state of the oil market succinctly. While those closely following…
Brent crude oil prices fell below $70 a barrel in early September, marking their lowest level in 33 months. This…
On September 24, OPEC announced that global oil demand will continue to increase through at least 2050. This assertion comes…
The Organization of Petroleum Exporting Countries (OPEC) has released its 2024 World Oil Outlook, forecasting an average global GDP growth…
OPEC’s latest World Oil Outlook (WOO) for 2024 has made a bold statement: peak oil demand is not expected anytime…
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