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Top World Oil News

Opec Raises 2050 Oil Demand Outlook Amid Expansion of Global Economies
Economy

Opec Raises 2050 Oil Demand Outlook Amid Expansion of Global Economies

34% Center coverage: 9 sources
Long-term demand for oil is forecast to surge by 18.5 per cent to reach 123 million barrels per day by 2050See the Story
Oil Heading for Weekly Gain as Markets Assess Potential Russia Sanctions and Trump Tariffs
Donald Trump · Russia

Oil Heading for Weekly Gain as Markets Assess Potential Russia Sanctions and Trump Tariffs

60% Center coverage: 5 sources
US President due to give major statement on Russia on MondaySee the Story
OPEC Looking to Regain Market Share with Oil Production Increases, Expert Says
Vladimir Putin

OPEC Looking to Regain Market Share with Oil Production Increases, Expert Says

60% Center coverage: 5 sources
The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional barrels per day set to hit global markets in August, in a bid to regain market share lost to other oil producers, an energy expert says.See the Story

Oil Rises on Looming US Russia Sanction Threats

100% Right coverage: 3 sources
Donald Trump has raised prospect of more sanctions on RussiaDonald Trump · United StatesSee the Story

‘No Coyotes’: Sheinbaum Calls Pemex Suppliers to Collect Direct Debits with the Oil Company

100% Right coverage: 1 sources
President Claudia Sheinbaum asked the businessmen to whom Petróleos Mexicanos (Pemex) owes services that do not resort to ‘coyotes’ to try to speed up payments.Sheinbaum insisted that the deal should be direct between the oil company and the companies, since no intermediary can guarantee the acceleration of payment or “advance” them on the list of suppliers to which they are to be paid. “Please, all those (to whom they are owed) do not fall into…Claudia Sheinbaum · MexicoSee the Story

Hess Announces Final Earnings Date Before Chevron Merger: Key Q2 Results Coming July 30

Hess schedules Q2 2025 earnings release for July 30, skipping conference call amid pending Chevron acquisition. Get the final standalone results.Chevron · New YorkSee the Story

NATO Fund Invests in Underwater Robot to Protect Subsea Networks

34% Center coverage: 3 sources
NATO is investing in a Norwegian robotics startup specializing in underwater pipeline and vessel repairs, as the alliance seeks fresh tools for protecting subsea infrastructure.NATOSee the Story

Eni Signs $1.35 Billion Production Sharing Deal with Algeria's Sonatrach

Algeria’s state-owned oil company Sonatrach and Italy’s Eni have signed a 30-year production sharing contract to explore and develop the Zemoul El Kbar region of Algeria. The contract is estimated at a value of $1.35 billion, Sonatrach said in a statement Monday.Oil and Gas Sector · AlgeriaSee the Story

EIA Trims Forecast for 2025 US Crude Oil Output

50% Right coverage: 4 sources
The latest production forecast for this year represents a drop of about 50,000 barrels a day from the Energy Information Administration’s previous projections in June.Oil and Gas Sector · United StatesSee the Story

Softer Oil & Gas Prices in Q2: Will XOM's Bottom Line Be Affected?

75% Right coverage: 4 sources
Detailed price information for Exxon Mobil Corp (XOM-N) from The Globe and Mail including charting and trades.Oil and Gas SectorSee the Story

BP Bolsters Board with Former Shell Executive Simon Henry

60% Center coverage: 5 sources
Energy company seeks to strengthen its oil and gas experience in response to investor pressureBP · LondonSee the Story

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