Supply and demand determine equilibrium prices; high demand or low supply raises prices. Investing during low demand and high supply periods can lead to cost savings. Supply-demand principles ...

The head of the International Energy Agency, meanwhile, did a 180-degree turn in his rhetoric, calling for more investment in fresh oil and gas supply after years of preaching peak oil demand and ...

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, revising down its 2025 demand growth forecast. Meanwhile ...