The International Energy Agency made a direct appeal to OPEC and other major oil producers to boost output, warning that high prices...
Petrochemicals, used in plastics, fertilizers and clothing, will account for more than one-third of the growth in world oil demand by 2030,...
The world’s supply of oil hit a record last month, yet another sign of oil’s dominance over the energy landscape. The International...
The International Energy Agency (IEA) has said that oil prices could break out above $80 a barrel unless other producers act to...
Oil prices rose on Thursday, extending gains on growing evidence of disruptions to crude supply from Iran and Venezuela and after a...
A storm might be looming later this year when new U.S. sanctions are poised to slash supplies of Iranian oil, the International...
U.S. shale oil output is set to surge over the next five years, stealing market share from OPEC producers and moving the...
The global oil market could slip into deeper oversupply on the back of non-OPEC production growth led by the United States, the...