COMMODITIES

There seems to be enough market evidence to indicate $80 oil by the summer.

The International Energy Agency still doesn't see growth stopping.

The prevailing uncertainty in the oil market abetted by OPEC production cuts, the U.S. sanctions on Venezuela oil and other factors can snowball into an energy crunch and impact oil price, warned an industry expert.

With oil demand growth slowing, it's entirely possible that U.S. production alone will increase more than global demand in the next few years.

Jim Ratcliffe topped the Sunday Times Rich List 2018 with an estimated worth of £21.05bn.

Government says drop in Chinese demand could spell very bad news for the industry.

The past 12 months have been largely positive for the stock markets, but the macroeconomic scenario appears increasingly uncertain as we enter 2018.

However, sugar cane diversion to ethanol production in Brazil means global prices remain high.

Industry will remain a focus of increasingly stringent decarbonisation policies as nations address their climate goals.

Growth in demand, rising profits and regulatory support bodes well for the industry, according to a new report.

Russian and Saudi oil ministers came together to drive an extension of output cuts for another 12 months in line with market expectations.

Mohammed Saleh Al-Sada tells IBTimes UK that global crude demand remains healthy and the market is rebalancing.

Russia's participation is less than certain after Kremlin expresses concern about length of the proposed extension.

Having spent the last 10 years covering Opec, the IBTimes Business Editor provides a peek inside the 'central bank of oil'.

Crude futures slide on perceived uptick in US production and Russian reluctance to go along with cartel.

Falling demand and lower wholesale gas prices would cut power prices, research suggests.

A combination of aggressive acquisitions and expansion initiatives have transformed the petrochemical company in a matter of years.

The price of oil has risen quickly over the last week or so. However, substantial evidence indicating fundamentals have changed to justify such a speedy increase is yet to emerge.

Two of the UK's 'Big Six' energy companies hope to form a mammoth supplier serving over 12 million households.

Ex-employee tells IBTimes UK that senior managers at Japan's industrial giant were too scared or proud to admit failures that have now amplified into a colossal scandal.

Price controls unveiled by the Primer Minister could put some energy suppliers under severe strain, says ratings agency.

Kobe Steel announces further instances of faked inspections data as its shares get a hammering in Asian trading.

Mohammed Sanusi Barkindo urges American oil producers to reduce production in a bid to prop up crude oil prices.

Iain Conn, boss of the British Gas' owner, says move could have opposite effect and result in higher prices across the board.

Petrochemicals company completes purchase of Danish firm's oil and gas business expanding its operations in the region.

Brent futures spike on anticipation of higher demand and geopolitical tension.

Electric cars require four times as much copper to manufacture compared to traditional fossil fuel variants.

ExxonMobil's 12-year reign at the top comes to an end as lower oil price sends it tumbling down the pecking order.

Babur Ozden, co-founder of Maana, who works with the biggest names in the oil and sector believes it's wrong to presume the industry trails digitally.