Experts warn of US$100 per barrel oil by year-end
OPEC and IEA clash on the future of global oil demand amid skyrocketing prices
OPEC and IEA clash on the future of global oil demand amid skyrocketing prices
But cut overshadowed by worsening global consumption outlook, geopolitics
Growing global demand and supply cuts point to a potential reversal in oil markets
World oil demand is significantly weaker than widely perceived
International Energy Agency (IEA) is warning of higher oil prices in the second half of the year, but …
Riyadh is no longer willing to toe Washington’s line and its interests now reign supreme
Energy security is now the phrase on everyone’s lips and yesterday’s villains are today’s saviours
Set to average a record 101.9 million barrels per day, up by two million bpd from 2022
India is shipping 89,000 barrels of gasoline and diesel to the U.S. daily
Could easily employ sanctions-avoiding mechanisms perfected by Iran
Thanks mainly to China finally emerging from its Covid-19 lockdowns
The price of oil could end up anywhere between US$70 to US$121
Could reduce its daily oil output by as much as seven per cent over the next few weeks