Defying expectations, oil prices began 2025 on a strong note, propelled by tighter US sanctions on Russian oil, Opec+ production cuts, and heightened heating demand due to an exceptionally cold ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Crude oil markets reacted positively this week to the announcement of a $411 billion fiscal ...

These increases were largely driven by concerns over a potential shortage of Russian oil supplies and a decline in Russian oil exports, which are expected to result in higher costs for major buyers, ...

While the UAE's actions are likely to continue to drive the market dynamics in the short term, the long-term outlook for the region's oil supply remains uncertain. The UAE, along with other key ...

Big Oil got its wish: Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape. As oil lobbyists eagerly game out how to dismantle ...

The report highlighted that India will add nearly 2 million barrels per day (mb/d) to global oil demand during this period, making it the primary growth driver of the entire industry. It said ...

Globally, the growth in oil demand is slowing down under the Stated Policies Scenario (STEPS), which is causing significant challenges for major oil-producing nations. These resource owners may ...

India is set to lead global oil demand growth until 2035, according to a recent report by the International Energy Agency (IEA). The Tribune, now published from Chandigarh, started publication on ...

The United States is also the largest consumer of oil, using about 20% of the world's supply, followed by China and India, which consume 15% and 5%, respectively. India stands out as the world's ...

Investing.com -- Oil prices started 2025 on a bullish note, with Brent crude breaking out of its late-2024 trading range and hitting its highest level since August last year, supported by tighter ...