Business Global Oil Demand Plunges as US Drivers Defy 50% Price Surge at Pumps July 11, 2026 First Demand Decline Since Pandemic Rattles Energy Markets Global oil demand faces its first annual decline since the height of the COVID-19 pandemic in 2020, according to a new report…
Business OPEC+ Nations Raise August Oil Output as Prices Drop Below Pre-War Levels July 6, 2026 Seven countries within the OPEC+ alliance announced plans Sunday to expand their combined oil production by 188,000 barrels per day in August, marking the fifth consecutive month the group agreed…
Business Aramco CEO Warns 1 Billion Lost Barrels Will Delay Oil Market Recovery May 10, 2026 Aramco CEO Amin Nasser Sounds the Alarm on Global Oil Shortfall Saudi Aramco’s CEO Amin Nasser stated that the world lost approximately 1 billion barrels of oil over the past…