News

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...
NEW YORK, Nov. 14 (Xinhua) -- Oil prices fell noticeably on Monday after the Organization of the Petroleum Exporting Countries (OPEC) cut its outlook for growth in crude demand in 2022 and ...
LONDON] The International Energy Agency (IEA) said on Thursday (May 15) that economic headwinds combined with record sales of ...
The U.S. Energy Information Administration cut its average Brent oil spot price forecast for 2025 and 2026 in its latest ...
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
OPEC+ ramps up output by 800,000 bpd, setting a bearish tone as weak oil demand and rising inventories pressure the global ...
A report released by OPEC the day before showed that it expects global oil demand to increase by 1.3 million bpd in 2025. OPEC began gradually increasing production in April, and combined with Trump's ...
With the additional OPEC+ output, Morgan Stanley raised its expected supply surplus for oil liquids in the second half of this year to 1.1 million barrels a day from 700,000 barrels a day, and for ...