Oil heads for weekly loss as Chinese demand continues to underperform
China's oil refiners in October processed 4.6% less crude than a year earlier, falling year-on-year for a seventh month, amid the closures of some plants and reduced operating rates at smaller ...
Oil Dips on Oversupply Concerns, Heads for Weekly Loss
The International Energy Agency forecast global oil supply will exceed demand in 2025 even if cuts remain in place from OPEC+ ...
Global Witness5h
Fossil fuel lobbyists eclipse delegations from most climate-vulnerable nations at COP29 climate talks
As with last year’s COP28 climate talks in Dubai, significantly more fossil lobbyists have been granted access to COP29 than ...
caspiannews5h
President Aliyev Rejects ‘Petrostate’ Criticism at COP29, Highlights Azerbaijan’s Broader Economic Indicators
During the World Leaders Climate Action Summit, the central event of COP29 held under the UN Framework Convention on Climate ...
PEDEVCO Announces Q3 2024 Financial Results and Operations Update
The Company elected to participate in six non-operated wells in the D-J Basin with a working interest of approximately 28% in Q3 2024 with production impact anticipated in Q4 2024, and an additional ...
Oil settles higher, investors focus on fuel-stock draw
Oil prices closed slightly higher in choppy trading on Thursday, as a steep draw in US fuel stocks outweighed oversupply concerns and demand worries stemming from a stronger dollar.
EIA raises US, global oil production forecasts
Both United States and global oil production are set to rise to slightly larger record highs this year than prior forecasts, ...
The Punch Newspapers6h
Nigeria’s petrol imports surged in October – OPEC
The volume of Premium Motor Spirit (petrol) imported into Nigeria surged in October, a report by the Organisation of the ...
Marketplace6h
International Energy Agency predicts an oil surplus next year
A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...
Business Times7h
Oil settles slightly higher, investors focus on steep draw in fuel stocks
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...
Mongabay7h
I’m boycotting COP29 because local Indigenous action matters more (commentary)
The first United Nations Framework Convention on Climate Change (UNFCCC) that I worked on was in 2009. I didn’t actually go ...
Oil prices end higher to pare some of the week's losses
Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...