Postponement of the 36th OPEC and non-OPEC (OPEC+) Ministerial Meeting raised concerns about global crude supplies, causing oil prices to plunge Wednesday.
Global energy-related CO2 emissions will rise by 2050 in multiple scenarios outlined in the US EIA's outlook as global population growth and higher living standards push growth...
US crude oil exports in first-half 2023 averaged 3.99 million b/d, which is a record high for the first half of a year since 2015 when the US lifted its ban on most crude oil ...
In its annual World Oil Outlook report, OPEC projects global oil demand to reach 110.2 million b/d in 2028, up 10.6 million b/d compared with 2022. Non-OECD demand will make up...
Global gas demand is projected to rise in the next decade, but current existing gas fields will fall short of meeting the global demand, requiring rapid growth in unconventional...
The ministerial panel within OPEC+ convened on Oct. 4 and agreed to maintain the current oil output policy. This decision came following commitments from Saudi Arabia and Russia...