Rystad Energy projects a 6% year-on-year increase in oil demand in 2021, climbing to an average of 95.4 million b/d from 89.6 million b/d in 2020. The estimates show that total...
After a challenging year, refining news is turning more positive. While spot margins are likely to remain challenged by weak demand, the case is building for a rally in deferred...
Members of the Organization of the Petroleum Exporting Countries will earn about $323 billion in net oil export revenues in 2020, the lowest since 2002, according to US Energy...
In the latest monthly Oil Market Report, the International Energy Agency (IEA) has lowered third-quarter 2020 oil demand estimates by 140,000 b/d overall due to poorer than expected...