In this article, we discuss 10 hot oil stocks to buy now. If you want to see more stocks in this selection, check out 5 Hot Oil Stocks To Buy Now. According to a Reuters poll on December 30, oil price gains in 2023 could remain capped amid threats to demand growth from a deteriorating […]
In this article, we will look at the 15 countries with the largest refining capacity. If you want to explore similar countries, you can also read 5 Countries With The Largest Refining Capacity. The refining industry is a major component of the global economy, with countries around the world processing petroleum products to generate energy […]
BP has trimmed its outlook for oil and gas demand in its latest annual forecast, arguing that the upheaval unleashed by Russia’s invasion of Ukraine will push countries to pursue greater energy security over the next decade by investing in renewables. As a result, global carbon emissions could peak earlier in the 2020s than it had previously suggested, BP said in its annual energy outlook on Monday. Under its “New Momentum” scenario, which is designed to “reflect the current broad trajectory” of the world’s energy system, oil demand would be about 93mn barrels a day in 2035, 5 per cent lower than it forecast last year, and natural gas demand would be 6 per cent weaker.