Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on OPEC+-led efforts to shore up the market, a ...

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Iraq’s oil exports to Jordan increase in 2024

Iraq’s oil exports to Jordan increased during the first 11 months of 2024 by over seven percent compared to the same period in 2023.

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Ample supply, slow demand to temper oil price gains in 2025

Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on OPEC+-led efforts to shore up the market, a ...

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Peru declares 90-day environmental emergency after oil spill

A vessel carrying out pre-shipment maneuvers caused the spill on Saturday at a terminal of Peru's Talara refinery in northern Peru.

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Where Will UK Oil Production Land in 2024 and 2025?

According to those projections, the NSTA expects UK oil production to come in at 0.63 million barrels per day in 2024, 0.58 million barrels per day in 2025, 0.54 million barrels per day in 2026, 0.50 ...

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