OPEC predicted that the recovery in global oil demand will gather strength in the second half of the year, as the group prepares to consider reviving more halted output.
Oil consumption will jump by about 5 million barrels a day – or roughly 5% – in the second half of 2021 versus the first as...
The 10 largest public oil firms in the world reported combined profits of $46 billion for the first quarter of 2021, thanks to higher oil prices this year.
The top 10 firms that the agency analyzed — ExxonMobil, Chevron, Total, Shell, BP, Eni, Equinor, Lukoil, Rosneft and Saudi Aramco — saw...