Global petroleum consumption surges, defying energy transition efforts
Government efforts to cut emissions failing amid growing demand for petroleum
Government efforts to cut emissions failing amid growing demand for petroleum
Cheap and discounted crude from Russia the major attraction
Crude markets skeptical of latest production cuts
And Middle East conflict has so far had limited impact on crude oil market
Oil markets grappling with rising tensions in the Middle East and Russian sanctions
OPEC and IEA clash on the future of global oil demand amid skyrocketing prices
Saudi Arabia, Russia playing a high-stakes game
Global commitments to reduce fossil fuel subsidies are just smoke and mirrors
The rally in oil prices shows no sign of slowing down
Predicting the oil market trajectory is like walking a tightrope in a windstorm
Crude oil markets torn between rising Iranian output and OPEC+ production cuts
But cut overshadowed by worsening global consumption outlook, geopolitics
Growing global demand and supply cuts point to a potential reversal in oil markets