The World Bank forecasts that oil prices could go above US$100/bl if the Middle East crisis escalates. (Image source: Adobe Stock)

A major flare-up in Middle-East conflict could stoke global inflation and drive oil prices above US$100/bbl, according to the World Bank’s latest Commodity Markets Outlook

IPCO will showcase its extrusion, cooling and flaking systems for powder paint production. (Image source: IPCO)

Industrial process systems company IPCO will showcase its extrusion, cooling and flaking systems for powder paint production at the American Coatings Show 2024, taking place from 30 April-2 May in Indianapolis

Demand is likely to determine the trajectory of the oil industry over the next few years, and global oil undersupply is unlikely, says Ben Wilby, senior analyst – Onshore Energy Services, Westwood Energy

The oil price is hovering around the US$90/bbl mark. (Image source: Adobe Stock)

Oil prices continue to hover around the US$90/bbl mark as of 8 April, as a result of the geopolitical instability in the Middle East, robust demand and OPEC+ supply restraint

The Craig International Qatar team. (Image source: Craig International)

Craig International has won a contract with QatarEnergy LNG to source and supply products and services for maintenance, repair, and operations (MRO)