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Analysts Are Bearish on Crude Oil in 2025 - OilPrice.com
Dec 18, 2024 · Rising non-OPEC+ production and only modest growth in global oil demand will leave the market well-supplied next year, analysts say, as they remain cautiously bearish on crude oil prices amid a ...
BP CEO: Global Oil Demand Keeps Exceeding Expectations
Nov 25, 2024 · Global oil demand continues to surprise on the upside, BP Plc (NYSE:BP) Chief Executive Murray Auchincloss told the Energy Intelligence forum in London on Monday, saying that oil demand kept ...
Analysts Cut 2025 Oil Price Forecasts Again | OilPrice.com
Nov 29, 2024 · Analysts predict that Brent crude oil prices will average $74.53 per barrel in 2025 due to weak global demand and continued OPEC+ production cuts.
Venture Global to Launch New LNG Plant Within Days
Nov 29, 2024 · The Plaquemines project has suffered cost overruns and its final price tag could reach $22 billion, Reuters reported recently, citing Venture Global’s IPO documentation.
Global Oil Inventories Shrink as OPEC+ Decision Looms
Aug 25, 2024 · The International Energy Agency (IEA) recently revised its global oil demand growth forecast for 2025 downward, citing a weaker-than-expected recovery in global manufacturing and freight activity ...
Global Natural Gas Demand and Inventories Rose in September
Nov 18, 2024 · Global natural gas demand rose by 6.1 billion cubic meters (bcm) in September from a year earlier, and inventories jumped to a record high, the Joint Organizations Data Initiative (JODI) said in ...
Rystad Energy's 2024 Report: Global Energy Transformation Gains ...
Oct 31, 2024 · Rystad Energy is proud to release its flagship annual report – Global Energy Scenarios 2024 – which concludes that the goal of limiting global warming to 1.6 degrees Celsius above pre ...
Global LNG Exports Hit A Record High in Q1 | OilPrice.com
Nov 29, 2024 · Global exports of liquefied natural gas (LNG) reached a record high of 106.4 million tons in the first quarter of 2024, the Organization of Arab Petroleum Exporting Countries (OAPEC) said. In the ...