IEA raises 2024 oil demand forecast

China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
Big Oil breaks with Trump on potential second withdrawal from Paris Climate Agreement
The CEO of ExxonMobil said President-elect Trump should keep the U.S. in the Paris climate agreement during his second term ...
Oil prices end higher after tapping a 2-week low
Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas ...
The Economist8h
Big oil may be softening its stance on climate-change regulation
To add to climate warriors’ gloom, Shell, a British oil giant, won an important legal victory this week. In 2021 a Dutch ...
Oil prices edge down, forecasts for higher oil output, weak demand growth weigh
Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...
Oil prices settle higher but stay on track for a weekly loss
Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...
CBS News2d
EPA to hit oil and gas companies with "methane fee" for drilling waste — but will it last?
Washington — Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane ...
Reuters15h
IEA sees 2025 oil market in supply surplus
LONDON, Nov 14 (Reuters) - The world's demand for oil will fall short of supply by more than 1 million barrels per day (bpd ...
E.P.A. to Charge Oil Companies First-Ever Methane Fee, but Will It Last?
The Biden administration is imposing a fee on large energy companies that spew excess methane, a potent greenhouse gas.
Business Times1h
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 ...
Ovintiv to buy oil-rich assets in Canada's Montney shale for $2.38 billion
By Vallari Srivastava (Reuters) -Shale producer Ovintiv said on Thursday it was acquiring oil assets from Paramount Resources ...