The Cop28 climate summit has opened in Dubai, yet it is already clear that the world is not on track to meet...
Tag | oil
OilPrice.com | ESG Moment of Truth Turns Tables for Big Oil
This week saw the release of the latest report from the International Energy Agency, which called for a fast...
OilPrice.com | Brazil Eyes Major Oil Output Boost Despite Environmental Concerns
Brazil’s Petrobras has high hopes for the country’s oil industry, even under socialist President Luiz Inácio...
OilPrice.com | The Oil Market Isn’t Buying The Bullish Demand Forecasts
This week, both OPEC and the International Energy Agency (IEA) revised their oil demand forecasts higher,...
OilPrice.com | How The U.S. Is Pumping More Oil With Fewer Rigs
Despite the falling and flatlining rig count, U.S. crude oil production managed to hit a monthly record-high in...
OilPrice.com | National Oil Companies Aren’t Ready For The Energy Transition
Some of the world's largest national oil companies (NOCs) have improved significantly their resilience to oil...
OilPrice.com | Allianz Trade Says Oil Could Hit $140
Crude oil prices could go as high as $140 per barrel and send the world into a recession, Paris-based Allianz...
OilPrice.com | All Eyes On Iran For Security Of Oil Supply
Iran has become the focus of international attention in the wake of Hamas attacks on Israel that prompted...