News

OPEC held its biennial seminar over July 9-10 in Vienna. Ministers representing OPEC countries, their allies and key ...
Oil steadied as traders weighed a large increase in US crude stockpiles and a wave of new tariff rates from President Donald ...
Oil futures steady above $67.44 while traders await Fed and OPEC cues. Strong gasoline demand supports crude oil outlook ...
The OPEC+ alliance, which includes countries such as Russia and Kazakhstan, will expand its share of global oil markets to 52 ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...
OPEC is sticking to its guns while everyone else is screaming climate emergency. The cartel now says global oil demand will hit 123 million barrels a day by ...
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...