Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), has affirmed that the ...

This chaos would have led to global oil prices spiralling to over USD 120-130 per barrel, as all consumers would have been ...

The Organization of the Petroleum Exporting Countries said that global oil consumption will continue to swell well into the ...

Oil market analysts said the UAE’s message is clear: supply increases are not a sign of surplus but a necessary response to ...

World demand will average 105 million barrels per day this year, OPEC said in its 2025 World Oil Outlook published on ...

Oil Minister Hardeep Singh Puri meets global energy leaders to enhance Indias energy partnerships and address the countrys ...

The African Energy Chamber (AEC) ( – the voice of the African energy sector – is urging OPEC member states and their allies ...

India's oil minister met global energy leaders to strengthen energy partnerships, address import dependence, and explore ...

New Delhi, Jul 10 (PTI) Oil Minister Hardeep Singh Puri met global energy leaders on the sidelines of the 9th OPEC International Seminar in Vienna to discuss bilateral issues and deepen India's energy ...

World Oil Outlook forecasts sustained oil demand growth through 2050, requiring nearly 19.5 million bpd of new refining ...

Oil is expected to hold nearly 30% of the energy mix, while combined with gas it will stay above 50% through the period. "Oil underpins the global economy and is central to our daily lives," OPEC said ...

According to the forecast, global oil demand will increase by 18.2 mln barrels of oil equivalent per day by 2050, while gas demand will rise by nearly 20 mln boe/d ...