IEA Revises Oil Demand Upward Again, Missing Barrels Reappear The International Energy Agency (IEA) has once again identified its so-called missing...

The International Energy Agency’s (IEA) Global EV Outlook 2025, released this week, presents further signs that the Agency is retreating from its...

Vienna, Austria, 8 May 2025, The price of the OPEC basket of twelve crudes stood at $61.80 per barrel on Wednesday, compared with $61.88 the previous...

Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman Reaffirm Commitment to Market Stability and Plan to Increase Oil Production...

Vienna, Austria, 01 May 2025 – The price of the OPEC basket of twelve crude oils stood at $68.16 per barrel on Monday, down from $68.74 the previous...

During a recent energy summit in Oklahoma City, U.S. Energy Secretary Chris Wright reassured oil executives that the market instability caused by...

Latest AI Developments Oil and Gas Companies Should Know Artificial Intelligence (AI) continues to reshape industries, and the oil and gas sector is...

Vienna, Austria – April 25, 2025:The price of the OPEC basket of twelve crude oils rose to $69.94 per barrel on Tuesday, April 24, 2025, according to...