The Paris-based agency left its 2025 oil demand growth forecast little changed at 990,000 bpd. At the same time, it expects ...

Global oil supply will exceed demand in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said ...

The Federal Government is considering adding a fresh liability of $2.2 billion to the existing debt overhang as part of its plans to fund ...

Brent settled up 28 cents at $72.56 per barrel, while West Texas settled up 27 cents at $68.70; Brent and WTI were on track to lose about 1.7 percent and over 2 percent for the week, respectively.

The Company elected to participate in six non-operated wells in the D-J Basin with a working interest of approximately 28% in Q3 2024 with production impact anticipated in Q4 2024, and an additional ...

The volume of Premium Motor Spirit (petrol) imported into Nigeria surged in October, a report by the Organisation of the ...

HOUSTON, TX / ACCESSWIRE / November 14, 2024 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth en ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

The recent string of oil price hikes may be coming to an end, with industry analysts projecting a slight dip in prices next ...

The slowing of oil demand growth in recent years reflects the end of the post-pandemic release of pent-up demand, the IEA ...

The monthly report from the IEA bears no change in the narrative for the 2025 outlook. The US Dollar Index rallies further after President-elect Trump secures a majority in both Senate and House.

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 ...