Since July, OPEC has cut its demand growth forecasts by nearly 20%, mirroring a notable decline in crude oil prices.

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

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

Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...

OPEC’s recent decision to extend its production cuts till the end of January has added more uncertainty to the oil market as ...

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

If prices don’t get a boost from surprisingly strong China demand or weaker-than-expected non-OPEC production ... With the OPEC+ decision helping to crystallize near-term supply outlook ...

Another month, another downward revision for global oil demand from Opec — but tanker owners should fear not, according to ...

In the short term, the market outlook appears bearish, influenced by the anticipation of the OPEC+ decision and the recent U.S. inventory build-up. The direction of future oil prices hinges ...

Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...

"There is more oil available. What we need is stability and predictability so that in the period ahead countries can base ...

Commodity prices rose this week, driven by OPEC+'s production delay and Hurricane Rafael, despite minimal supply impact.