Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Each year, the Statistical Review of World Energy offers ...

The outlook highlights a gradual increase in global oil inventories and a decline in Brent crude prices over the next 2 years ...

Global oil consumption reached an all-time high in 2024, driven primarily by non-OECD countries, with the U.S. remaining the largest consumer. The U.S. continues to lead the world in total oil ...

Global raw-steel production improved to 158.8 million metric tons during May, a 2.0% rise from the April total, with a generally positive trend apparent in most of the largest steelmaking countries – ...

The downturn in global beef production is expected to run into 2026, with output projected to fall by about 3.1%, according to Rabobank. Among the major producers, Brazil, the US and Canada are all ...