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OPEC Signals Cautious Optimism on Trade, Holds Oil Demand Forecast
The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...
Crude oil pulls back after U.S. inventories post surprise rise, OPEC issues cautious report
Crude oil fell after four straight sessions of gains, as government data showed U.S. crude oil stockpiles rose unexpectedly ...
Why OPEC Plus Is Increasing Oil Supplies Despite Falling Prices
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
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OPEC sees India's oil demand rising 3.4% in 2025, double the pace of China
India's oil demand will grow fastest among major economies, doubling China's rate in 2025-2026, driven by rising energy needs ...
WTI outlook: Oil prices close to $60 per barrel
We make a start by noting that some aspects of the US oil market show signs of tightening. Starting with the Baker Hughes oil ...
Oil Prices Fall as OPEC Increases Supply Despite Fears of an Economic Slowdown
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
OPEC April oil output edges lower despite plans for hike, survey finds
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
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India's Oil Demand To Rise Faster Than China In 2025, Says OPEC
OPEC report said India's crude imports set a record high of 5.4 million bpd in March, following a month-on-month increase of ...
India's oil demand to surge by 3.39% in 2025, doubling China’s pace: Opec report
OPEC projects India to lead global oil demand growth in 2025 and 2026, significantly surpassing China. Driven by a robust ...
US oil prices drop more than $1 as inventory build raises oversupply fear
U.S. crude futures declined more than $1 in early trade on Thursday after an unexpected build in U.S. crude oil inventories ...