Oil market analysts said the UAE’s message is clear: supply increases are not a sign of surplus but a necessary response to ...

World demand will average 105 million barrels per day this year, OPEC said in its 2025 World Oil Outlook published on ...

Oil Minister Hardeep Singh Puri meets global energy leaders to enhance Indias energy partnerships and address the countrys ...

The African Energy Chamber (AEC) ( – the voice of the African energy sector – is urging OPEC member states and their allies ...

India's oil minister met global energy leaders to strengthen energy partnerships, address import dependence, and explore ...

New Delhi, Jul 10 (PTI) Oil Minister Hardeep Singh Puri met global energy leaders on the sidelines of the 9th OPEC International Seminar in Vienna to discuss bilateral issues and deepen India's energy ...

World Oil Outlook forecasts sustained oil demand growth through 2050, requiring nearly 19.5 million bpd of new refining ...

Oil is expected to hold nearly 30% of the energy mix, while combined with gas it will stay above 50% through the period. "Oil underpins the global economy and is central to our daily lives," OPEC said ...

Saudi Arabia, the United Arab Emirates, and Kuwait—lined up on Wednesday to say that the super-sized addition of supply by the producer club at the weekend was needed by the global market. Oil prices ...

Opec and its partners have pressured crude prices lower in recent months with their surprise move to open the taps after ...

VIENNA, July 10. /TASS/. OPEC+ nations are projected to increase their oil supply by 15 mln barrels per day (bpd) by 2050 compared to 2024 levels, reaching 64.1 mln bpd, while expanding their share of ...

OPEC held its biennial seminar over July 9-10 in Vienna. Ministers representing OPEC countries, their allies and key ...