The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

The Devil Is Always In The ISM Details And Can OPEC Deliver More Barrels? By Stephen Innes - Jun 02, 2022 Markets US equities were weaker Wednesday, with the S&P down 0.7%. US10yr yields up 6bps ...

After the pandemic, Big 4 average output peaked in 2022 at a centered 12 month average of 20849 kb/d, crude output has been cut by 2599 kb/d relative to the 2022 CTMA peak to 18290 kb/d in ...

Trump and Putin agree to start negotiations on Ukraine "In its monthly report, OPEC left its ... US commercial crude oil inventories (excluding SPR) increased by 4.1m barrels over the last week ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

A weak dollar and geopolitical problems are fueling the speculative bubble in oil markets which should be trading at around half the current price of a barrel said on Monday, OPEC President Chakib ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

OPEC’s latest monthly report confirmed that Iran’s heavy crude oil price rose from $73 per barrel in December to $79.65 in January 2025. The average price of Iran’s heavy crude in 2024 was recorded at ...

Most OPEC members depend heavily on oil revenue and have their budgets balanced at prices of $80 a barrel or more. Trump also said that if prices came down, the Russia-Ukraine war would end ...

But the oil market is front-running their worry ... The Devil Is Always In The ISM Details And Can OPEC Deliver More Barrels? By Stephen Innes - Jun 02, 2022 Markets US equities were weaker ...