Crude oil demand is about 102 million bpd now, and the forecast assumes renewables and more efficient motor vehicles increase ...

China's oil refiners in October processed 4.6% less crude than a year earlier, falling year-on-year for a seventh month, amid the closures of some plants and reduced operating rates at smaller ...

Consumers can expect a rollback in the price of petroleum products next week by as much as P1 per liter due to the softening ...

Oil is set to post a loss for the week after a strong dollar and concerns about demand growth in 2025 continue to provide ...

Oil prices were headed for a weekly loss on Friday as concerns over weakening demand from China weighed on prices.

China’s modest fiscal measures disappointed markets, but further stimulus aimed at countering U.S. trade restrictions could ...

A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria's crude oil production for October 2024 stood ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, the ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...