OPEC+ agreed to hike July oil output by 411,000 barrels per day (bpd) on Saturday, the…
Tag: global oil demand
OPEC sticks to oil demand view, sees better economic growth
Oil production by OPEC countries fell by 350,000 bpd in January 2024. File | Photo Credit:…
Oil’s rally above $77/barrel continues, up 0.17% on the today
WTI Crude oil futures experienced slight pressure in mid-Asia electronic trades following a rise to two-and-a-half-month…
Oil prices fall on disappointing China, US economic data despite IEA demand forecast
Last Update: May 16, 2023, 23:47 IST Both benchmarks climbed more than 1% on Monday, reversing…
Oil prices hit multi-year high on tight supply
Oil prices have also been buoyed by concerns over coal and gas shortages in China, India…
Electric vehicles could halve global refining demand by 2050: report
Electric vehicles will cut global consumption of petrol and diesel, but urbanization could lead to higher…