Investors interested in the energy sector could benefit from focusing on resilient stocks like Diamondback Energy, ExxonMobil ...
OPEC's spare oil production capacity is the go-to argument by many analysts when the threat of higher prices rears its head. The latest International Energy Agency monthly report was no exception. But ...
If you look at OPEC and their announcements in terms of usage, they continue to revise the fact that consumption is actually ...
Despite concerns about lower demand and rising non-OPEC supply, oil demand—particularly from China—remains resilient.
China, which has accounted for more than 60 per cent of global oil demand growth in the last decade when its economy grew at ...
OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also lowered its projection for next year, marking the producer group’s third ...
The weak position of China's crude oil sector was underlined by September data showing a sixth consecutive monthly drop in ...
“In short, considerable spare capacity in OPEC and more resilient producers in the U.S. mean that prices could easily halve, ...
China's oil demand growth is expected to remain weak in 2025 despite recent stimulus measures from Beijing as the world's No.
Geopolitical turmoil, particularly in the Middle East, used to send oil prices soaring, as frantic traders—anticipating ...
reporting form… What does the dissent within the ranks of the oil-producing nations in OPEC mean for oil prices in the U.S.? Margaret Warner discusses the turmoil at OPEC summit this week with ...