QatarEnergy recently issued EoIs for at least four EPIC deals involving multiple offshore platforms, subsea pipelines and ...

Crude output from the Other 8 OPEC producers (those not part of the Big 4) has risen at an average annual rate of 447 kb/d for the past 36 months. The OPEC Monthly Oil Market Report (MOMR ...

LONDON, Oct 14 (Reuters) - OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also lowered its projection for next year, marking the ...

Crude oil prices fell Monday after the Organization of the Petroleum Exporting Countries (OPEC) reduced its oil demand outlook for 2024 and 2025 once again, citing data received so far this year.

OPEC said this year's demand growth was still above the historical average of 1.4 million bpd seen prior to the COVID-19 pandemic, which caused a plunge in oil use. For next year, OPEC cut its ...

OPEC cut its forecast for global oil demand growth in 2024 and also lowered its projection for next year In Picture: The logo of the OPEC.(REUTERS) The Organization of the Petroleum Exporting ...

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 demand growth. Slower economic activity ...

VIENNA, Oct. 29, 2024 /PRNewswire/ -- The OPEC Fund for International Development (the OPEC Fund) concluded its participation in the 2024 World Bank-IMF Annual Meetings with robust new financing ...

Exxon Mobil Corp. and Chevron Corp. capped Big Oil earnings season by revealing blockbuster increases in fossil fuel production — just as OPEC and its allies are preparing to increase the supply ...

OPEC’s latest Oil Market Report sheds light on the shifting dynamics of the global energy sector. The closely watched report not only provides an updated forecast on demand growth but also dives ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient OPEC’s crude oil production slumped by 604,000 barrels per day (bpd) in September compared to ...

Opec has revised down its global oil demand growth forecasts for both 2024 and 2025 for the third time, citing updated actual data and a slight decline in demand expectations in certain regions. In ...