Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price ...

What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

OPEC+ supply cuts and new Iran sanctions signal tightening crude markets. Is this the catalyst for further gains in oil futures? Read the full analysis now.

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

OPEC kept its global oil demand growth forecast unchanged for the third successive month, amid expectations that China will be the main driver of consumption growth among non-OECD member countries. In ...

Oil prices edge higher but stay near $66.75 support. Strong U.S. demand and a weaker dollar provide support, while OPEC+ ...

Also in the report, OPEC kept its forecasts for the growth in world oil demand steady. OPEC expects world oil demand to rise by 1.45 million bpd in 2025 and by 1.43 million bpd in 2026.

The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that it is maintaining its oil production and economic growth outlook for 2025 and 2026. The cartel said it expects oil ...

The Organization of the Petroleum Exporting Countries stuck to its oil-demand forecast as it prepares to start raising output next month despite broader concerns over the wider economic growth ...