OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also ...
​OPEC is now forecasting that demand for oil will grow more slowly than it had previously expected for the rest of this year ...
The Organization of the Petroleum Exporting Countries further trimmed its forecast for oil-demand growth, as it prepares to ...
Crude oil futures fell 2% Monday after OPEC reduced its oil demand outlook for 2024 and 2025 once again, citing data received ...
OPEC’s latest Oil Market Report sheds light on the shifting dynamics of the global energy sector. The closely watched report not only provides an updated forecast on demand growth but also dives into ...
June Non-OPEC oil production increased by 106 kb/d to 52,549 kb/d. The largest increases came from Canada and Brazil while ...
Russia cut crude oil output in September by 28,000 barrels per day (bpd) to about 9 million bpd, the Organization of the ...
Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to curbing supply. That bodes ...