Opec+ members, including Saudi Arabia and Russia, decided to raise oil production quotas by 137,000 barrels per day for November. This move aims to...
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The International Energy Agency (IEA) has once again lowered its global oil demand growth forecast for 2025 to 680,000 barrels per day (bpd), down from previous estimates of around 700,000 bpd. This reflects oversupply and weak consumption across major economies like China, India, and Brazil. This marks the slowest demand growth since 2009, excluding the impact of Covid-19. Continue reading at newmobility.news.
Opec+ members, including Saudi Arabia and Russia, decided to raise oil production quotas by 137,000 barrels per day for November. This move aims to...
Opec+ members, including Saudi Arabia and Russia, decided to raise oil production quotas by 137,000 barrels per day for November. This move aims to...
India's oil consumption is projected to lead globally by 2050, reaching 9.1 million barrels per day due to robust economic growth, according to BP’s...
India's oil consumption is projected to lead globally by 2050, reaching 9.1 million barrels per day due to robust economic growth, according to BP’s...
India's oil demand is set to surge by over 68% to 9.1 million barrels per day by 2050, driven by robust economic growth, making it the fastest-growing...
India's oil demand is set to surge by over 68% to 9.1 million barrels per day by 2050, driven by robust economic growth, making it the fastest-growing...
India emerged as the world’s largest single source of oil demand growth in 2024 and maintains that position heading into 2026, driven by rapid...
The International Energy Agency has cut its 2025–30 renewables forecast by 5%, citing lower solar additions, though PV still represents nearly 80%...
Preliminary production figures for August 2025 show an average daily production of 2,124,000 barrels of oil, NGL and condensate. Oil production in...
Arabian Post Staff -Dubai Oil prices are sliding as traders cite mounting unsold Middle Eastern crude and weakening demand from key importers. This...