Global crude oil prices maintain at a higher level as investors are eyeing major...
International Energy Group Warns of Supply Shortage as Demand from China and India Ramps Up
The international energy group estimated that oil prices will climb in the second half...
OPEC Predicts Daily Oil Consumption to Reach 110 Million Barrels by 2045
OPEC projects global oil demand will reach 110 million barrels per day within the...
Economists Expect Gulf Economies to Slowdown this Year amid Weak Global Oil Demand
Economies in the six-member Gulf Cooperation Council (GCC) are expected to expand this year...
Oil Prices Tumble as U.S. Crude Stockpile Tops Expectations Four Times
Oil prices edged lower on Wednesday after the report of U.S. crude stockpiles increased...
Ghana Plans to Ditch US Dollars from Oil Payment, Eyeing Gold Instead
The government of Ghana is working on implementing a new policy to purchase oil...