Oil to remain dominant in global energy mix by 2050: OPEC
Oil is expected to remain the leading energy source in the global mix by 2050, accounting for a…
Why OPEC+ Is Pumping Fast and Playing Hardball
OPEC+ blindsided oil market participants, again, with a larger-than-expected oil production hike for August. Instead of the…
Kuwait’s KPC eyes market opportunity driven by OPEC+ supply hike
(Bloomberg) — Kuwait’s state energy company said OPEC+’s latest super-sized supply hike and recent interactions with customers suggest…
US energy agency revises up Brent price forecast for 2025
The US Energy Information Administration (EIA) has revised its 2025 Brent crude oil price forecast upward, citing increased…
Can the Oil Market Absorb OPEC+ Output Hikes?
OPEC+ never fails to surprise speculators and market analysts. This weekend’s meeting to decide August production levels was…
Crude oil prices retreat over 0.3 percent to $69.25 as U.S. tariffs, OPEC+ output weigh
U.S. President Trump informed trade partners that higher tariffs would commence on August 1 Oil prices retreated on…
Oil prices expected to drop below $60 on increasing OPEC+ supply
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year…
Top Indian Refiner Sees Oil Prices Stabilizing in the $65-70 Range
By Charles Kennedy – Jul 07, 2025, 10:00 AM CDT
IndianOil expects crude oil prices to remain…
Crude oil prices fall after OPEC hikes August output more than expected; MCX crude drops nearly 2%
Crude oil prices traded lower on Monday after OPEC announced a higher than expected output hike in August,…
OPEC is pumping more oil, but is it needed and at what price?: Russell
(The opinions expressed here are those of the author, a columnist for Reuters) LAUNCESTON, Australia, July 7 (Reuters)…
Thailand to Offer US More Trade Concessions to Avert 36%
(Bloomberg) — Thailand is making a last-ditch effort to avert a punitive 36% export levy threatened by the…
Europe Can Cope With Ban on Russian Gas, TotalEnergies CEO
(Bloomberg) — Europe will be able to withstand the proposed ban on Russian gas imports by the European…