Wood Mackenzie's new report forecasts global oil demand to peak in 2032, two years later than previously expected, due to ...
By America Hernandez PARIS -French oil major TotalEnergies expects global oil demand to rise until 2040 before gradually declining, as political fragmentation and energy security concerns slow efforts ...
Oil prices declined on Thursday as investors considered a potential supply glut, as well as weakened demand in the United ...
WTI crude steadies near key support at $59.27–$58.49 as traders weigh weak oil demand, rising inventories, and limited impact ...
Year-to-date through November 4, global oil demand has risen 850,000 barrels per day, below growth of 900,000 bpd projected earlier by J.P. Morgan, the bank said in a client note. "High-frequency ...
Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset ...
Suncor Energy Inc on Monday forecast higher production and spending targets for fiscal year 2021, as the Canadian oil and gas ...
WTI slips as traders shrug off a large U.S. crude inventory draw; OPEC+ supply risks and weak oil demand keep pressure on the ...
According to the International Energy Agency ( IEA ), the global oil market is set for strong supply growth and weak demand ...
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HSBC Maintains Bearish Oil Price Forecast Despite OPEC+ Hikes
HSBC predicts OPEC+ will accelerate output increases in late 2026, despite a Q1 2026 pause, leading to a significant oil ...
West Texas Intermediate fell 1.6% to settle below $60, a key level that can trigger accelerated buying when breached, with ...
This will be the first year of contraction in oil and gas spending since 2020 while low-carbon capex keeps growing ...
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