OPEC has reduced its 2026 oil demand growth forecast to 970,000 barrels per day. This marks a second consecutive cut. The group sees less i...

Saudi Arabia's oil exports and production reached historic lows in March. The ongoing Iran war has severely impacted global energy markets....

International Energy Agency head Fatih Birol warned that commercial oil inventories are rapidly depleting, with only a few weeks of supply ...

Global oil supply is set to fall short of demand this year, with the Iran war severely impacting Middle East production. The International ...

Global oil markets have shifted dramatically. Geopolitical tensions have caused a surge in Brent crude prices. Supply disruptions are a maj...

US-Iran war impact: Gulf crude oil output may rebound quickly once the Strait of Hormuz reopens. Goldman Sachs research suggests a swift re...

U.S. wholesale prices surged last month as the Iran war drove up the cost of energy.

The International Energy Agency forecasts a global oil supply and demand fall due to the Iran war, citing the largest supply disruption in ...

Global oil market forecasts diverge sharply, with the IEA and EIA predicting substantial surpluses exceeding 4 million and 2.8 million barr...

The International Energy Agency reduced its global oil demand growth forecast for 2024 due to weak demand in China. The IEA highlighted tha...

Although voluntary supply cuts from Saudi Arabia and Russia until the end of the year will keep supply tight, with demand growth still set ...

In its monthly report, the IEA forecast demand for oil will rise by 880,000 barrels per day (bpd) in 2024, down from its previous forecast ...

The International Energy Agency (IEA) has lowered its growth forecast for oil demand in 2024 due to global economic conditions and increase...

However, the Paris-based agency that advises the United States and other industrialised countries, raised its 2023 demand forecast to 2.3 m...

The International Energy Agency has said that supply cuts by OPEC+ could lead to the reduction of oil inventories making oil prices rise fu...

The IEA forecasts that 320 gigawatts will come online this year, equivalent to top European economy Germany's total annual demand, up from ...

Global warming is set to continue unabated with temperatures rising by 20% by 2035, putting the world on track for a temperature increase o...