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…
IEA Prepares to Walk Back Predictions of Peak Oil and Gas Demand
The International Energy Agency, which has repeatedly predicted that global oil demand growth will peak before 2030, has…
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…