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06
Dec 2025
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OPEC: Oil demand will grow until 2050 despite the “shift” to green energy

The agency sticks to its estimate that global demand will continue to grow until 2050, reaching 123 million barrels per day, 3 million more than previous forecasts

OPEC oil cartel holds production steady in face of Russia sanctions uncertainty

The price cap was agreed on Friday by G7 nations & Australia to deprive Russia's leader Vladimir Putin of revenue while keeping Russian oil flowing to global markets

Oil dispute prompts call to remove US troops from Saudi Arabia, UAE

"Saudi Arabia and the UAE's drastic cut in oil production despite President Biden's overtures to both countries in recent months is a hostile act against the US"

OPEC+ to cut oil production – EU responds with measures

Europe is facing a grim winter

Oil prices continue to plummet amid coronavirus crisis

US crude (WTI) fell 24% to $ 13.87 a barrel