The average price of WTI crude in 2022 was $95, a whopping $20 higher than predicted, while natural gas prices rose significantly rather than falling. It seems likely that the average daily production ...

Oil demand growth predictions by 28 organizations including a handful of Big Oil companies through 2050 vary wildly. Several large agencies see modest growth for fossil fuels through 2050. OPEC+ ...

The U.S. Energy Information Administration lowered its Brent oil price forecasts. The U.S. Energy Information Administration (EIA) lowered its Brent oil price forecasts for both 2022 and 2023 in its ...

Petróleo Brasileiro SA (Petrobras) exceeded its 2022 oil and natural gas production target by 3.2%, the company said in a release Jan. 17. The company had reduced its 2022-2026 production targets in ...

As crude oil becomes increasingly influenced by market dynamics, fluctuations in its price have a significant effect on the global economic and financial landscape (Naser, 2016). Accurate forecasts of ...

This past year will likely go down as a turning point in the energy sector. After years of underperformance, energy stocks soared in 2022. While higher energy prices played a key role, an even more ...

WTI is nearing a key support zone dating back to March 2021 in the $57 area amidst hopes of a Russia-Ukraine peace deal and weak US data - what are the next levels to watch? WTI C ...