The slowing of oil demand growth in recent years reflects the end of the post-pandemic release of pent-up demand, the IEA ...
MOSCOW, November 14. /TASS/. The International Energy Agency (IEA) projects that oil demand will grow by 960,000 barrels per day (bpd) in 2024, the agency said in a report. Consequently, the outlook ...
Top U.S. refiners kept focused on shareholder returns with hefty stock buybacks and dividends in the third quarter even ...
Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...
The IEA trimmed its forecast for demand growth in 2025 and said that even if OPEC+ were to keep all its output cuts in place, it expected crude supply to exceed demand by 1 million barrels per day ...
Lower prices helped to drive higher-than-expected Organization for Economic Co-operation and Development (OECD) gasoil use in the third quarter, driving up overall oil demand, but weak manufacturing ...
Greening the world economy will be much cheaper than the two groups imagine. The Economist has looked at estimates of the global cost of an “energy transition” to a zero-emissions world from a range ...
The Paris-based organization forecasts global demand to grow by 921,000 barrels a day in 2024 from 862,000 barrels a day previously, largely due to stronger-than-expected gasoil deliveries in OECD ...
GMT - Oil prices edge lower in early European trade, pressured by a stronger U.S. dollar and a gloomy demand outlook. Brent crude and WTI are both down 0.4% at $72.02 and $68.14 a barrel, respectively ...
Lower prices helped to drive higher-than-expected OECD gasoil use in the third quarter, driving up overall oil demand, but ...
IEA expects non-OPEC+ countries will increase the oil supply in this year and in the next year by about 1.5 mlb bpd ...
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, the ...