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OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...
OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply ...
OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...
Crude oil settled lower for a third straight day as the possibility of another large production increase by OPEC+ for ...
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 ...
U.S. oil prices fell toward the Wednesday's lowest levels after the Energy Information Administration reported an increase of 4 million barrels in U.S. commercial crude-oil inventories for the week ...
Investment bank Morgan Stanley has again cut ... lowered oil price forecast reflected expectations of increased supply from OPEC and non-OPEC producers amid signs of weakening global demand.
Rapid growth from US shale and from other countries has weighed on prices in recent years. Opec in the report left its forecasts for global oil demand growth unchanged in 2025 and 2026, after ...