Optimistic over Angola’s untapped gas potential, Azule Energy is considering another gas exploration well after leading the ...

U.S. shale producers are cutting rigs, slashing budgets, and pulling back hard as cheap oil from OPEC pushes prices deep ...

Global appetite for oil is set to keep climbing over the next two years, according to OPEC’s August oil market report, which ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

Geopolitical tensions, such as U.S. pressure on countries like India to stop buying Russian oil, could lead to further ...

The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.

OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...

"However, OPEC's demand forecast is very optimistic, with expected increases of 1.3 million and 1.4 million barrels per day ...

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...

A global shift in oil market dynamics is raising alarm across the U.S. shale sector, as the Organization of the Petroleum ...

OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...