HSBC expects a big oil surplus of 1.7 million barrels per day (mbd) from the fourth quarter of 2025, and a surplus of 2.4 mbd in 2026, exacerbated by the return of OPEC+ barrels over the next 12 ...

OPEC expects growth of consumption to be mainly ensured by China, India, other Asian countries, as well as Middle Eastern and Latin American countries MOSCOW, January 15. /TASS/. OPEC’s outlook on ...

(Reuters) - Oil production in the U.S. Permian Basin is expected to total 5.4 million barrels per day (mbd) in 2023, driven by nearly 41,000 new wells and $308 billion in upstream spending between ...