IEA Predicts Global Oil Demand Peaking This Decade
(Bloomberg) — Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing
(Bloomberg) — Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing
The Biden administration’s inconsistent approach to the Strategic Petroleum Reserve (SPR) has raised concerns and intensified skepticism among oil
By Julia Fanzeres (Bloomberg) Oil dropped the most in a week since April as the full weight of languishing Chinese demand and more economic tightening
By Alex Lawler (Reuters) – OPEC is likely to maintain its view world oil demand will rise for another decade, longer than many other forecasters predict,
By Marianna Parraga (Reuters) Oil producers in Guyana are boosting exports to European buyers seeking alternatives to Russian crude, according to vessel
By Sherry Su (Bloomberg) A Russian court order to halt oil loadings from a port in the Black Sea has unnerved European crude traders already reeling from the
By Elizabeth Low and Debjit Chakraborty (Bloomberg)– Global energy markets that have thrown up plenty of anomalies in 2022 as flows get rerouted and
By Paul Wallace Jun 5, 2022 (Bloomberg) –The US may allow more sanctioned Iranian oil onto global markets even without a revival of the 2015 nuclear
By Hatem Mohareb (Bloomberg) –Libya’s state oil company said armed clashes at the western port of Zawiya have damaged several storage tanks, as a
March 12 (Reuters) – The U.S. seizure of Iranian tankers in recent months has not stopped sanctions-hit Tehran from increasing oil exports,
By Hatem Mohareb and Salma El Wardany Mar 6, 2022 (Bloomberg) –Libya’s oil production has fallen below 1 million barrels a day, as the OPEC member
(Bloomberg) Crude oil loadings in Russia’s Pacific port of Kozmino have been halted because of a storm that started Friday night, according to crude-pipeline
By Salma El Wardany (Bloomberg) –Libya’s oil production has picked up again after a blockade of its western fields ended and ports in
By Sheela Tobben (Bloomberg) –Oil closed modestly higher Monday in New York as offshore explorers assess damage from Hurricane Ida and investors
By Liz Hampton and Erwin Seba HOUSTON, Aug 30 (Reuters) – Hurricane Ida pummeled U.S. Gulf Coast energy suppliers, knocking out most of the
(Reuters)-U.S. oil and gas companies on Friday cut more than 1.6 million barrels of oil production as a major storm churned toward oilfields that provide 17%
By Stephanie Kelly (Reuters) Governments around the world have been slow to take uncomfortable decisions to persuade consumers to cut energy consumption to
by Charles Regnier (Reuters) – Belgium’s Euronav expects pressure on freight rates to continue until late 2021, the tanker operator said as it
Oil bulls who’ve cheered a rebound of 40 percent from a six-year low should take heed: Unless demand accelerates, the rally is in
Oil traders are mispricing crude futures for later this decade because they’re underestimating how a collapse in spending will affect supplies, according to
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