OPEC lowered its global oil demand growth forecast for 2024 and 2025 for the fourth month in a row, citing weaker demand in ...

Since July, OPEC has cut its demand growth forecasts by nearly 20%, mirroring a notable decline in crude oil prices.

"There is more oil available. What we need is stability and predictability so that in the period ahead countries can base ...

Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...

Rigzone talks to representatives of Hartree Partners, the Heritage Foundation, and the American Enterprise Institute.

Oil prices climbed nearly 3% on Monday on OPEC+'s decision for a month's delay in plans to increase output, while investors ...

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 Organisation of Petroleum Exporting Countries, OPEC, yesterday, said Nigeria’s oil output, excluding condensate, was ...

If prices don’t get a boost from surprisingly strong China demand or weaker-than-expected non-OPEC production ... With the OPEC+ decision helping to crystallize near-term supply outlook ...

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

Canadian oil companies saw their stock prices rise today, following OPEC's decision to delay planned production increases. This move by OPEC+ has tightened global oil supply, driving up crude ...