Tag: Oil
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World oil, gas, coal demand to peak by 2030, says IEA
World fossil fuel demand is set to peak by 2030 as more electric cars hit the road and China's economy grows more slowly and...
US seeks to buy 6 million barrels for oil reserve by January
President Joe Biden's administration hopes to buy 6 million barrels of crude oil for delivery to the Strategic Petroleum Reserve in December and January,...
Oil prices steady above US$90 as investors assess Israel-Hamas war
Brent oil futures steadied above $90 a barrel on Monday after topping that level on Friday, as investors waited to see if the Israel-Hamas...
IEA cuts forecast for growth in oil demand in 2024
The International Energy Agency (IEA) on Thursday lowered its forecast for growth in oil demand in 2024, suggesting harsher global economic conditions and progress...
Oil continues to tumble after previous session’s slide
Oil prices fell by more than $1 on Thursday, extending the previous session's sharp losses as an uncertain demand outlook overshadowed any boost from...
