OPEC trimmed its forecasts for oil demand growth this year and next for a third consecutive month as the group belatedly recognizes a slowdown in global fuel use. SourceContinue Reading

Big Oil Set to Bid in Algeria’s New Oil and Gas Licensing Round | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 14, 2024, 8:30 AM CDT Algeria is set to soon announce a new oil and gas licensing round in which major international firms,...Continue Reading

OPEC Slashes Oil Demand Growth Forecast Again | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Oct 14, 2024, 8:00 AM CDT OPEC has revised its global oil demand growth forecast for 2024 and 2025 downward. The primary driver of the revision is weaker-than-expected Chinese oil...Continue Reading

China’s Coal Imports Jumped to a Record High in September | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 14, 2024, 7:30 AM CDT Chinese imports of coal surged to...Continue Reading

Zelensky Claims North Korea Has Sent Soldiers and Weapons to Russia | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Related News By RFE/RL staff – Oct 14, 2024, 6:30 AM CDT Ukrainian...Continue Reading

U.S. Expands Sanctions on Iranian Oil ‘Ghost Fleet’ | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Oct 14, 2024, 5:55 AM CDT The US has imposed sanctions on several companies...Continue Reading

China’s Diesel Demand Likely to Have Peaked as LNG Use in Trucking Soars | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 14, 2024, 5:31 AM CDT Chinese diesel demand...Continue Reading

Libya Oil Output Rebounds to 1.3 Million Bpd | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Oct 14, 2024, 3:30 AM CDT Crude oil production has recovered to 1.3 million barrels daily,...Continue Reading

China Books Record Oil and Gas Output From Ultra-Deepwater Field | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Oct 14, 2024, 2:30 AM CDT The China National Offshore Oil Corporation has boasted...Continue Reading

Oil Prices Start the Week in Decline on Bearish Economic Data From China | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Oct 14, 2024, 1:21 AM CDT Crude oil prices were falling...Continue Reading