Tag:
Oil
Energy News
IEA Predicts Global Oil Demand Growth to Slow
Global oil demand growth is experiencing a slowdown, with expectations of easing to 1.2 million barrels a day (mb/d) in 2024 and further to...
Energy News
Pelagic Partners: Benefits of Oil Transportation by Sea
Pelagic Partners is a company that has invested significantly in the global oil tanker industry through its Pelagic Fund I and Pelagic Yield Fund....
Energy News
OPEC Reveals 2025 Oil Demand Forecast in Unprecedented Move
The Organization of the Petroleum Exporting Countries (OPEC) unveiled its first-ever forecast for 2025 in its monthly report released on Wednesday.
The report maintains OPEC’s...
Energy News
OPEC Forecasts Slight Dip in Oil Demand Growth for 2024
In its monthly report, the Organization of the Petroleum Exporting Countries (OPEC) has projected a slight deceleration in global oil demand growth for the...
Energy News
Growth in oil demand to slow down significantly: IEA
The growth in global oil demand is expected to slow down significantly in the coming years, according to a recent report by the International...
Energy News
EIA revises forecasts following OPEC+’s oil production cuts
The U.S. Energy Information Administration (EIA) has revised its forecast for the 2023 Brent crude oil price by 2.5 percent in its April Short-Term...
Energy News
OPEC+ oil producers reveal oil output cuts of 1.16 mn barrels per day
Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day, Reuters news report said.
The development...
Renewable Energy
OPEC+ to consider oil cut of more than 1 mn barrels per day
OPEC+ will consider an oil output cut of more than a million barrels per day (bpd) next week, Reuters news report said.
OPEC+ will meet...