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Posted 24/07/2023

International Energy Group Warns of Supply Shortage as Demand from China and India Ramps Up

The international energy group estimated that oil prices will climb in the second half...

Posted 26/06/2023

OPEC Predicts Daily Oil Consumption to Reach 110 Million Barrels by 2045

OPEC projects global oil demand will reach 110 million barrels per day within the...

Posted 24/01/2023

Economists Expect Gulf Economies to Slowdown this Year amid Weak Global Oil Demand

Economies in the six-member Gulf Cooperation Council (GCC) are expected to expand this year...

Posted 11/01/2023

Oil Prices Tumble as U.S. Crude Stockpile Tops Expectations Four Times

Oil prices edged lower on Wednesday after the report of U.S. crude stockpiles increased...

Posted 25/11/2022

Ghana Plans to Ditch US Dollars from Oil Payment, Eyeing Gold Instead

The government of Ghana is working on implementing a new policy to purchase oil...

Posted 24/11/2022

Oil Edge Lower as G7 Looking to Cap Russian Prices Further

Oil prices continued to edge lower on Thursday, following a sharp drop in the...

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