OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting ...

This impact, in turn, will affect investment in new production—and future supply. According to the IEA—and numerous analysts—non-OPEC supply is enough to make up for the cuts that the cartel ...

OPEC's leader, Saudi Arabia, presents a new addition to its economic diversification strategy: a voluntary carbon market.

OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...

The monthly report from the IEA bears no change in the narrative for the 2025 outlook. The US Dollar Index rallies further after President-elect Trump secures a majority in both Senate and House.

The firmer USD and OPEC's latest downward revision for demand growth could cap the WTI’s upside.

Concerns around Geopolitics and this week’s OPEC decision were the main reasons driving this jump in Oil prices. It will be interesting to see how markets gauge the impact of the US Presidential ...

In June, OPEC said 2.2 million barrels a day in voluntary cuts were extended until September but would then be gradually reduced month by month until they are eliminated by September 2025.

A growing institutional rift exists between the EIA, IEA, and OPEC regarding global oil demand ... liquid supply situation may not immediately impact the world's economy. Based on my formula ...

investment director at AJ Bell. “The trigger was a report yesterday from Opec which lowered its outlook for global oil demand ...

OPEC lowered its forecast for global oil demand growth for 2024 and 2025 on Tuesday, highlighting weakness in China, India and other regions, making the producer group’s fourth consecutive downward ...