Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term ...

In its long-term oil demand outlook, Vitol said Monday that global oil demand could reach almost 110 million b/d at the end of 2030 and is likely to remain at that level until it begins to decline ...

and catapulted the impoverished South America country firmly onto the global oil map. OilPrice points out that the offshore Guyana-Suriname Basin is being called the world’s most exciting oil ...

The International Energy Agency (IEA) recently released its Oil 2024 report, which examines the global dynamics for oil supply security, refining, trade, and investment. The report received ...

Bank of America cut its 2025 global oil surplus estimate to 100,000 bpd from a previous estimate of 750,000 bpd, citing US sanctions on Russia and, the hawkish tone on Iran and Venezuela and OPEC+ ...

Vast stretches of Russian coast have been tarred by heavy fuel oil from two freighters that foundered in a storm.

HOUSTON, Jan 7 (Reuters) - The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due to weak demand growth and as refinery and ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets ...

In December, Ukrainian drones targeted oil depots and refineries in Smolensk, Oryol, Bryansk and Rostov — an area that had ...