China’s Crude Hoarding Is Propping Up Oil Prices
China played a big role in supporting oil prices in 2025 as it accelerated crude stockpiling and absorbed…
IEA Raises Forecast of Global Oil Demand Growth in 2026
The world’s oil demand growth is set to rise by 930,000 barrels per day (bpd) in 2026, thanks…
Oil’s Problem Isn’t Iran or Russia — It’s Too Much Oil
Crude oil prices are in retreat after rising on the possibility of U.S. strikes on Iran. Before the…
Oil Prices Slip as Markets Eye the Return of Venezuelan Crude
Oil prices edged lower in early Asian trading on Tuesday as markets weighed the possibility of higher Venezuelan…
AI Becomes a Boost for Global Oil Demand, Not a Bridge to Net Zero
Artificial intelligence could help the energy industry tap an additional one trillion barrels of oil by making more…
Bangkok Post – Global oil demand ‘won’t peak until 2032’
Energy demand from AI among factors pushing peak date back from 2030, new study says PUBLISHED : 29…
OPEC+ Oil Production Jumped by 630,000 Bpd in September
The members of the OPEC+ group boosted their production in September by 630,000 barrels per day (bpd) from…
EIA Raises U.S. Oil Output Forecast, Warns Oversupply Could Crush Prices
The United States is on track to break yet another oil production record this year, but the Energy…
OPEC Rejects Media Reports of Major Output Hike Ahead of G8 Meet
OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike…
UBS Sees Brent Oil Prices Staying in the High $60s in Tight Market
Brent Crude oil prices are set to stay in the near term at the upper end of the…
OPEC Is Playing The Long Game
“There is no peak in oil demand on the horizon,” the head of OPEC, Haitham al Ghais, said…