OPEC and its economic allies in the OPEC+ bloc have been trying to cut global oil supplies in order to bid up prices lowered ...
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered ...
The Organisation of Petroleum Exporting Countries(OPEC+) has further extended its oil production cuts this month, with a ...
OPEC’s crude oil production crept higher in March, rising by 3,000 barrels per day compared to February as Iran and Saudi ...
Iran, the third largest producer in the Organization of the Petroleum Exporting Countries (OPEC), produces about 3 million ...
OPEC predicted robust fuel use in the summer months on Thursday and stuck to its forecast for relatively strong growth in ...
1. OPEC+ Sticks to Course as Focus Shifts to Overproducers - The Joint Ministerial Monitoring Committee of OPEC+ has confirmed the oil group’s current production targets, pushing back against ...
A rising oil price could halt or even reverse the recent trend of falling inflation, potentially leaving central banks cautious about cutting interest rates, DZ Bank said.
Oil will need to be closely watched in the coming months to ensure “a sound and sustainable market balance” during an ...
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered its forecast for non-OPEC supply growth for this year and next.