Copper demand forecasts are overly optimistic due to the low energy efficiency of renewables, potentially leading to bearish price implications. Uranium, driven by advancements in molten-salt SMRs ...

Based on Jefferies's supply-demand model ... Iran's oil production was 3.36 million barrels per day in November, he said, and it could decline by 25% to 50% with these expected sanctions.

Ongoing US exploration and production consolidation will likely pressure oil rig activity levels. Consolidation and productivity in the Permian basin drove a slight sequential decline in rig activity.

The rapid advancements in Artificial Intelligence (AI) have prompted various industries to integrate this technology, enhancing operational efficiency. The ...

Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are ...

The global landscape of oil production and consumption is changing rapidly, bringing with it significant implications for producers and consumers alike. With countries like India gaining ...

Oil prices fell around 3% in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's ...

Advt Major oil producers, including OPEC and Russia, have responded cautiously to increased demand. Underinvestment in oil production poses ... a rapid decline in oil demand appears distant.

U.S. oil production rose 260,000 barrels per day (bpd) month-over-month to a record 13.46 million bpd in October as demand ...

For the week ended Dec. 20, there were 10 fewer oil-directed rigs working in Canada and 15 fewer gas-directed rigs, bringing the week’s totals to 110 and 56, respectively. Despite the drop ...

Oil futures ended modestly lower Monday, extending a decline seen the previous week in response to a surging U.S. dollar and worries about the outlook for demand — particularly from China ...