News

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...
President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on ...
The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...
The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...
Oil prices have begun rebounding amid signs of easing U.S.-China tensions and a surprise dip in U.S. inflation.
OPEC nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a ...
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...
OPEC projects India's oil demand to surge, outpacing China's growth in 2025 and 2026, driven by a robust economy and ...
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 ...