The global oil industry needs some $12.6 trillion in investments through 2045 to meet the global demand, says Opec official.
Updated20 Dec, 202009:18am
With global oil demand declining, sooner than anticipated, the Russian Finance Ministry has begun preparing for lower revenues.
Updated13 Dec, 202010:02am
Opec+ will continue to meet every month, until March 2021, to decide subsequent monthly increments, to a maximum of 500,000 bpd.
Updated06 Dec, 202010:22am
Ominous clouds on the Gulf horizon may put the jobs of thousands of Pakistanis employed in that part of the world in jeopardy.
Updated25 Oct, 202010:05am
Warning traders against betting heavily in the oil market, Saudi energy minister says he will try to make the markets “jumpy”.
Updated20 Sep, 202009:49am
This year may be the turning point for the energy world, Fatih Birol, executive director of International Energy Agency says.
Updated06 Sep, 202011:11am