Oil steadied as traders weighed a large increase in US crude stockpiles and a wave of new tariff rates from President Donald Trump. Meanwhile senior officials from three of OPEC's core producer nations,

Oil futures steady above $67.44 while traders await Fed and OPEC cues. Strong gasoline demand supports crude oil outlook despite tariff concerns.

The OPEC+ alliance, which includes countries such as Russia and Kazakhstan, will expand its share of global oil markets to 52% in 2050 from around 48% this decade as growth from rivals falters, according to the report. Concerns about outliving savings and healthcare costs are reshaping how "Peak 65" Americans and advisors approach income planning.

Opec has raised its forecast for world oil and energy demand for the medium and long term but cut demand projections for the next four years on China slowdown.Global oil demand is projected to expand by nearly 19 per cent to reach 123 million barrels per day by 2050,

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of next week’s trade.

The Energy Information Administration (EIA) of the U.S. Department of Energy recently released its forecast for OPEC’s daily crude oil production in 2026, projecting a steady increase to 33.08 million barrels per day.

OPEC's 2024 Crude Oil Production Cuts, Explained By Robert Rapier - Dec 20, 2023, 6:00 PM CST. OPEC's primary goal is to maximize profits from oil exports, often conflicting with the objectives of ...

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners won’t take effect until Aug. 1, rather than July 9.