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World oil demand to keep growing this decade despite 2027 China peak, IEA says
Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as…
Global oil supply to rise faster than expected after OPEC+ hike, IEA says
LONDON, May 15 (Reuters) – World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other…
China’s independent oil firms elbow into Iraq’s majors-dominated market
SINGAPORE/BAGHDAD, Aug 4 (Reuters) – China’s independent oil companies are ramping up operations in Iraq, investing billions of dollars in OPEC’s number…
Goldman keeps Brent oil forecast, but flags downside risks to demand
Aug 4 (Reuters) – Goldman Sachs on Sunday reiterated its oil price forecast with Brent averaging $64 per barrel in the fourth…
OPEC+ makes another large oil output hike in market share push
LONDON, Aug 3 (Reuters) – OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest…
Carbon capture tech becoming cost-effective as emissions price soars
Skyrocketing carbon prices and a “code red” warning about the threat posed by climate change are giving fresh momentum to a technology…