The International Energy Agency said oil consumption will hit a peak in a few years, with shrinking gasoline use after 2026.
Category: Oil (Petroleum) and Gasoline
-
Russia and Saudi Arabia’s Oil Partnership Shows Strain
Analysts said the countries’ mutual need to keep energy prices high would help them maintain close ties, despite signs that Moscow has undercut previous deals.
-
Saudi Arabia Cuts Oil Production to Boost Prices
Brent crude rose on Monday after the world’s biggest oil producer announced it would be the lone OPEC Plus member to cut production next month.
-
Saudi Arabia Says It Will Cut Production to Stem a Slide in Oil Prices
OPEC Plus, the group of major oil producers, said it would continue its recent cuts in output, but Saudi Arabia said it would cut further for at least a month.
-
OPEC Plus May Consider Cuts in Oil Production
The group of major oil producers and Russia will meet this weekend to discuss a swoon in oil prices.
-
Vary Energy Leans on Manure to Provide a Greener Future
Varo Energy, a Swiss provider of gasoline and diesel, is charting a path to lower carbon energy by relying on farm waste and used cooking oil.