OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...

The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after boosting output, citing the impact of U.S. tariffs. OPEC now expects demand to rise by ...

World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA) said on Thursday, despite a ...

Unwinding of OPEC+ production cuts coupled with non-OPEC+ output growth and bearish macro sentiment expected to hit crude ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

NEW YORK, Nov. 14 (Xinhua) -- Oil prices fell noticeably on Monday after the Organization of the Petroleum Exporting Countries (OPEC) cut its outlook for growth in crude demand in 2022 and 2023.

The slowdown in non-OPEC+ supply growth could help OPEC+ rebalance the market, according to the report. OPEC maintained its forecast for global oil demand growth in 2025 and 2026. The organization ...

LONDON] The International Energy Agency (IEA) said on Thursday (May 15) that economic headwinds combined with record sales of ...

Iran nuclear deal is struck, Tehran wields approximately 300,000-400,000 b/d of spare capacity, suggesting that any ...

The U.S. Energy Information Administration cut its average Brent oil spot price forecast for 2025 and 2026 in its latest ...