By Adedapo Adesanya The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mr Haitham Al-Ghais, has once again kicked against calls from certain quarters to...
By Adedapo Adesanya Recently, the International Energy Agency (IEA) cuts its oil demand growth forecast for 2024, saying it saw evidence of demand destruction in some...
By Adedapo Adesanya The International Energy Agency (IEA) has said demand growth for oil next year will be slower than previously forecast. The Paris-based agency said...
By Adedapo Adesanya Oil prices were up on Friday on signals that global demand will hit a record high this year on the back of a...
By Adedapo Adesanya Global oil demand is expected to rise by 1.7 million barrels per day this year compared to 2021. In its latest Oil Market...
By Adedapo Adesanya The International Energy Agency (IEA) has said that $25 billion in annual investments could bring full access to electricity to Africa by 2030....
By Adedapo Adesanya Nigeria continues to face supply disruptions, limiting the ability of the country to reach its production target which is contributing to an imbalance...
By Adedapo Adesanya The Brent crude price fell on Thursday by 28 cents or 039 per cent at the global oil market to $71.16 per barrel,...
By Adedapo Adesanya Global oil supply falls to nine-year low in June. The International Energy Agency (IEA) has increased its 2020 oil demand forecast on Friday...