India to surpass China as main driver of global oil demand in ’30
India is expected to be the biggest contributor of global oil demand growth from 2023 to 2030, surpassing the…
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global oil demand
OPEC expects global oil demand at 1.8 mb/d in 2025
The global oil demand growth is expected to see a robust increase of 1.8 million barrels a day (mb/d) in 2025,…
Oil prices increase amid weak dollar, on hopes for OPEC+ output cuts
Oil prices increased on Tuesday amid a weak dollar, and expectation that OPEC+ group would extend output cuts.
IEA cuts 2024 global demand oil growth forecast – OMR report
The International Energy Agency (IEA) downgraded the global oil demand growth forecast to 880,000 barrels per day…
IEA foresees oil demand recovery
The International Energy Agency (IEA) anticipates tight oil markets, contrasting with the current decline in oil…
Oil rises as Chinese demand increases
Oil extended gains for a second session on Wednesday as a result of a strong leap in manufacturing in China, which…
Oil prices drop amid strong dollar
Oil prices dropped in early Asian trade on Thursday as a strong dollar and economic woes outweighed optimism over…
Oil mixed on hurricane Ian output, dollar weighs
Oil prices were varied in early Asian trade on Wednesday as support from U.S. production cuts caused by Hurricane…
Oil prices stable on prospect of balancing supply after steep selloff
Oil stabled in early Asian trade on Tuesday.
Brent crude drops below $85 a barrel as dollar surges
Brent crude dropped below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged.
