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.
THE Organisation of Petroleum Exporting Countries, OPEC, yesterday, said Nigeria’s oil output, excluding condensate, was ...
OPEC cited weakness in China, India, and other regions for its decision, which marked the producer group's fourth straight ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
potentially influencing both fiscal and monetary policy," the OPEC said. "Fiscal adjustments could also impact monetary decisions in 2025, affecting growth patterns." Donald Trump won the 2024 US ...
Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...
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 ...
By Emily Chow SINGAPORE (Reuters) -Oil prices were little changed on Tuesday, awaiting further price direction from OPEC's ...
Oil prices were little changed in early trading on Tuesday, awaiting further price direction from OPEC's monthly report after ...
Commodity prices rose this week, driven by OPEC+'s production delay and Hurricane Rafael, despite minimal supply impact.