Stories Tagged as
Oil demand
A new report says worldwide oil demand will peak in 2029. Some oil industry observers are skeptical.
Jun 13, 2024
Even if the prediction's right, Big Oil will be with us much longer.
U.S. oil producers have increased production, frustrating OPEC's efforts to prop up oil prices
by
Justin Ho
Dec 20, 2023
Domestic oil production is running around a million barrels a day ahead of predictions.
Delay of OPEC+ meeting leaves questions about oil supply cuts
by
Henry Epp
Nov 22, 2023
The expectation was that OPEC countries would continue cutting back supply. Some think the delay may mean there’s disagreement about that.
Why are oil prices suddenly dropping?
Oct 6, 2023
Since the end of September, Brent Crude has been sliding — down to the $84-a-barrel range, more than a 10% decline in just over a week. This is also playing out at the pump, with gas down about eight cents a gallon in the last week.
Will demand for oil slow or remain steady in 2024?
by
Henry Epp
Aug 11, 2023
The International Energy Agency expects demand to grow, but more slowly than this year. OPEC expects it to stay about the same.
To stay atop the oil market, OPEC became OPEC+. But keeping the cartel in sync isn't easy.
by
Lily Jamali
Jun 28, 2023
The Saudis invited the Russians to the table and rolled out the red carpet. But the Russians haven't always done what the Saudis want.
Oil demand is steady, but now OPEC+ is cutting supply
by
Justin Ho
Apr 3, 2023
The economies of China, the U.S. and Europe will all be affected by the cartel's move to boost energy prices.
For public good, not for profit.
Oil supply may finally catch up with demand. But what about emissions?
by
Andy Uhler
Dec 14, 2021
There's a disconnect between the ongoing demand for fossil fuels and White House messaging about reaching net-zero emissions.
OPEC has to decide whether it will continue to curb oil output
by
Andy Uhler
Nov 27, 2020
Ramping up production when demand is still weak could have major consequences on a relatively stable oil market.
Exxon's job cuts are another sign that the oil industry is still in a slump
by
Justin Ho
Oct 30, 2020
Demand for oil has come back a bit, but it's still lower than it was before the pandemic.