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Oil, OPEC
Oil prices drop 5% on rising OPEC supply, weak China demand
Oil prices dropped 5% this week due to rising OPEC supply and weak demand from China. Natural gas prices rose on Hurricane Helene and low storage.
OPEC sees oil demand continuing to rise until 2050 – Commerzbank
OPEC published its long-term outlook for the oil market up to 2050 this week, Commerzbank’s commodity analyst Carsten Fritsch notes.
Oil prices little changed as US stockpile drop offsets global demand woes
Oil prices were little changed on Thursday after falling in the previous session as signs of higher fuel demand and falling stockpiles in the U.S., the world's biggest oil user, offset concerns over demand elsewhere,
1d
OPEC's Forecast of Peak Oil Demand: A Long Horizon Ahead
OPEC's latest ‘World Oil Outlook’ paints a bullish picture for oil demand through to 2050, positioning itself as a staunch ...
3d
on MSN
OPEC is highly bullish on long-term oil demand growth. Not everyone agrees
The Organization of the Petroleum Exporting Countries, OPEC, published its World Oil Outlook for 2024, with optimistic ...
Upstream
11h
Russia sides with Opec in seeing no peak-oil ahead, but still focuses on gas
Kremlin resolves to display public solidarity with Opec and its leader Saudi Arabia that has largely overlooked ...
3d
OPEC Doubles Down on Forecast for Unfettered Oil Demand Growth
OPEC doubled down on forecasts that global oil demand will keep growing to the middle of the century, an outlier view that ...
3d
on MSN
OPEC rolls out global oil outlook to 2050, sees no peak demand
By Alex Lawler LONDON (Reuters) -OPEC raised its forecasts for world oil demand for the medium and long term in an annual ...
2d
Expected growth in the developing world sees OPEC raise oil demand outlook
The oil body said there "has been further recognition that the world can only phase in new energy sources at scale when they ...
Crude Oil Prices
1d
OPEC and IEA Oil Demand Views Are A World Apart
The chasm between the two forecasting bodies has widened so much in the past two years that they now hold contrasting views ...
3d
Peak oil demand not on the horizon, OPEC says in outlook to 2050
Oil futures rose on Tuesday as China stimulus measures and Middle East tensions boosted sentiment. "There is no peak oil ...
3d
OPEC Secretary-General’s Speech in Brazil Disrupted by Protester
Ghais’s speech in Brazil got off to a rough start after the power went out to the podium and a protester took to the ...
stocknews
4h
3 Oil & Gas Stocks With High Upside Potential
Owing to robust global demand, continuous OPEC supply cuts, and advancing economic growth, the oil and gas market is ...
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