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US Shale Oil Set For Boom As Prices Rise

Boom and bust is built into the DNA of the global oil industry because of the way bringing new fields online works. Typically, oil prices...

Price Of Oil Heads Back To $100 A Barrel

Oil prices are slowly floating up and a return to the $100 barrel could be on the cards within a few weeks. The price of...

OPEC Sees Oil Prices Rising As Global Demand Increases

Oil producers expects the price of fuel to increase as global demand continues to rise for the third year running. The Organisation for Petroleum Exporting...

Is OPEC Still Relevant To The World Economy?

OPEC is meeting behind closed doors as some of the world’s leading oil producing nations lock horns in a play for power. Saudi Arabia has...

No Drop In Demand For Oil Over Next Decade, Says OPEC

The world is going to guzzle even more oil, according to the latest five-year market outlook from the Organisation of Petroleum Exporting Countries (OPEC). This...