News

OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...
OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...
The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.
Oil prices fell as investors weighed Trump’s China tariff extension and considered the planned meeting with Russia’s Vladimir Putin ...
A Chevron-chartered tanker docked at Venezuelan state company PDVSA's Jose terminal on Tuesday, positioning it to be the ...
Opec forecast a tighter global oil market than previously projected, citing accelerating demand growth and a slower expansion ...
OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...
Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...
Oil prices dipped on Tuesday as traders awaited an inventory report from the U.S. Energy Information Administration and began ...
OPEC now expects the global oil market to be tighter in 2026 than previously forecast, projecting stronger demand growth and slower rival supply expansion, Bloomberg writes.  The cartel raised its ...
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.50 ...
Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...