The Organisation of the Petroleum Exporting Countries (OPEC) warns that the oil sector will need $10.6tn in new investments by 2040—and up to $18.2tn by 2050—to meet rising global demand and maintain ...

Oil prices surged over 2% due to IEA's report of a potentially tighter global market driven by strong summer demand. Concerns about new US tariffs and potential sanctions on Russia further fueled the ...

After two straight rounds of rollbacks, motorists may see another fuel price hike next week due to stronger global demand and ...