News

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...
The USO ETF has held steady above the previously strong resistance zone of $68 per barrel following the US-China temporary ...
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...
OPEC kept unchanged its projections for global oil demand growth in 2025 and 2026, even though they remain considerably higher than others in the energy industry. Its research department forecasts ...
The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...
OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...
Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...
While the United States is still expected to drive supply growth, OPEC expects total oil output to rise by about 300,000 bpd this year. Last month, it forecast growth of 400,000 bpd. OPEC left its ...