Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria's crude oil production for October 2024 stood ...

The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...

The Wall Street Journal said Trump would "drastically increase" sanctions to "choke off" Iran's oil income, which the U.S.

TASS/. OPEC+ countries slashed oil production by 283,000 barrels per day (bpd) in October 2024 and were producing below the target by 154,000 bpd, the OPEC said in its November report. The OPEC+ ...

OPEC has trimmed its forecasts for demand growth in recent ... elevated production in non-OPEC+ countries in the Americas, fears of a supply glut in 2025 and considerable volatility driven by wars in ...

Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...

OPEC scaled down forecasts for growth in global oil demand for 2024 and 2025 on Tuesday for the fourth consecutive month.

Gains were trimmed slightly after the Organization of the Petroleum Exporting Countries cut its outlook for growth in ... at $72.34 a barrel on ICE Futures Europe. Market drivers OPEC, in its monthly ...

OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...

OPEC lowered its global oil demand growth forecast for 2024 and 2025 for the fourth month in a row, citing weaker demand in ...

Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of ...