Citi global head of commodities research Max Layton published seven “high conviction” trade ideas with his most recent ...

While Big Oil companies like Exxon and Chevron are invested in OPEC countries, tensions arise as state-controlled production limits investor returns. The relationship between OPEC and Big Oil is ...

[Stay on top of transportation news: Get TTNews in your inbox.] OPEC doubled down on forecasts that global oil demand will keep growing to the middle of the century, an outlier view that ...

OPEC's recent decision to pause production increases has stabilized oil prices, demonstrating the group's ongoing influence on global markets. The US, despite being the world's top oil producer ...

LONDON (Reuters) - OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed its expectation for next year, marking the ...

For the second consecutive month, OPEC slightly cut its forecast for 2024 global crude oil demand in its September Oil Market Report published Tuesday. The cartel had held firm to its initial 2024 ...

LONDON, Sept 2 (Reuters) - OPEC oil output fell in August to its lowest since January, a Reuters survey found on Monday, as unrest that disrupted Libyan supply added to the impact of ongoing ...

(Bloomberg) -- OPEC doubled down on forecasts that global oil demand will keep growing to the middle of the century, an outlier view that scientists say would lead to climate catastrophe.

OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, Africa and the Middle East and a slower shift to electric vehicles and ...

Investopedia / Julie Bang Crude oil futures slipped to multi-month lows Tuesday as OPEC cut its 2024 forecast, citing weakness in demand from China. Brent crude futures fell more than 4% Tuesday ...