The Doha-headquartered Gas Exporting Countries Forum (GECF) and the Organisation of the Petroleum Exporting Countries (Opec) have declared their shared commitment to ...
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...
OPEC's oil production increased in October due to Libya's return to full capacity, offsetting declines from other members.
The latest report from the International Energy Agency (“IEA”) reveals significant shifts in the global oil market. Supply is increasing, but demand growth is slowing, with projections of a surplus by ...
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...
Since July, OPEC has cut its demand growth forecasts by nearly 20%, mirroring a notable decline in crude oil prices.
OPEC lowered its global oil demand growth forecast for 2024 and 2025 for the fourth month in a row, citing weaker demand in ...
OPEC cut its forecast for global oil demand growth this year and next on Tuesday, highlighting weakness in China, India and ...
OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...
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 ...
Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...