Global oil demand seen growing by 700,000 to 1.3 mln bpd in 2025 First upward revision in 2025 Brent price forecast since April For table of crude price forecasts, click Jan 31 (Reuters ...

Artificial intelligence has suddenly made electricity a hot commodity. No wonder major oil companies want a piece of it.

TRIPOLI, Jan 18 (Reuters) - Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the acting oil and gas minister, Khalifa Abdulsadek ...

The oil giant BP is cutting thousands of jobs, the company announced on Thursday. In a statement sent to Business Insider, it said some 4,700 positions would be eliminated, while the number of ...