In its World Oil Outlook 2050 report published Thursday, the Organization of the Petroleum Exporting Countriues left its forecasts for 2025 global oil demand growth unchanged at 105 million barrels ...

OPEC projects rising oil demand through 2050 and calls for $18.2 trillion in oil and gas investments to secure future energy ...

World demand will average 105 million barrels per day this year, OPEC said in its 2025 World Oil Outlook published on ...

OPEC’s latest forecast dismisses the idea of imminent peak oil demand, projecting rising consumption through 2050 despite ...

The organisation has raised its long-term outlook, driven by increased consumption in developing nations, and sees no ...

Opec has raised its forecast for world oil and energy demand for the medium and long term but cut demand projections for the next four years on China slowdown.Global oil demand is projected to expand ...

Brent crude futures were up 40 cents, or 0.58 per cent, at $69.04 a barrel as of 1027 GMT. US West Texas Intermediate crude ...

Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...

The IEA on Friday boosted its forecast for supply growth this year, while also trimming its outlook for growth in demand ...

Oil prices rose by around 1 per cent on Friday as investors weighed a tight prompt market against a potential large surplus ...