The International Energy Agency once projected that oil and gas demand could level off by 2030. Now it’s backing off, sort of ...

Global oil demand is projected to grow through at least 2040, driven by rising energy needs and ongoing challenges in scaling low-carbon technology and infrastructure, analysts at Goldman Sachs said ...

The world's oil supply is largely expected to enter an extreme glut in 2026. Just how big that overhang will be is complicated.

August WTI crude oil (CLQ25) on Monday closed down -0.14 (-0.21%), and August RBOB gasoline (RBQ25) closed down -0.0215 (-1.00%). Crude oil and gasoline prices on Monday settled lower, with gasoline ...

OPEC has kept its global oil demand growth forecasts unchanged for 2025 and 2026, expecting continued robust economic growth to drive demand. The cartel anticipates global oil demand to reach an ...

The global peak in oil production was reached in November 2018 at 84.6 mb/d. As of September 2024, global oil production has decreased by nearly 4 mb/d to 80.8 mb/d. The total liquids supply is flat, ...

LONDON, Sept 10 (Reuters) - OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed its expectation for next year, marking the ...

The global oil market faces an even bigger surplus next year of as much as 4.09 million barrels per day as OPEC+ producers and rivals lift output and demand growth slows, the International Energy ...

Prime Minister Mark Carney recommended the project Thursday as part of the second phase of major projects to be fast-tracked ...

Weaker-than-expected oil consumption in China and rising electric vehicle sales will continue to weigh on the world’s oil demand growth going forward, according to the head of the International Energy ...

November WTI crude oil (CLX25) on Monday closed down -0.02 (-0.03%), and November RBOB gasoline (RBX25) closed down -0.0075 (-0.41%). Crude oil and gasoline prices settled slightly lower on Monday, ...