Since July, OPEC has cut its demand growth forecasts by nearly 20%, mirroring a notable decline in crude oil prices.
Oil prices climbed nearly 3% on Monday on OPEC+'s decision for a month's delay in plans to increase output, while investors ...
Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...
OPEC lowered its global oil demand growth forecast for 2024 and 2025 for the fourth month in a row, citing weaker demand in ...
The Organization of the Petroleum Exporting Countries and allies are in a dilemma with its decision to increase oil output ...
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 ...
In the short term, the market outlook appears bearish, influenced by the anticipation of the OPEC+ decision and the recent U.S. inventory build-up. The direction of future oil prices hinges ...
The firmer USD and OPEC's latest downward revision for demand growth could cap the WTI’s upside.
Rigzone talks to representatives of Hartree Partners, the Heritage Foundation, and the American Enterprise Institute.
"There is more oil available. What we need is stability and predictability so that in the period ahead countries can base ...
THE Organisation of Petroleum Exporting Countries, OPEC, yesterday, said Nigeria’s oil output, excluding condensate, was ...
Most major stock markets in the Gulf fell in early trade on Monday, following a decision by OPEC+ to delay a planned December ...