OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting ...
OPEC's leader, Saudi Arabia, presents a new addition to its economic diversification strategy: a voluntary carbon market.
Following Trump’s 2024 election win, the U.S. energy sector surged, fueled by his pledge to boost oil and gas production.
OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...
The firmer USD and OPEC's latest downward revision for demand growth could cap the WTI’s upside.
"As soon as (OPEC) say we're going to release some production, the price went down immediately. Now they say we postpone until the end of the year, and that has made a big impact on the market ...
Investing.com -- OPEC and its allies, or OPEC+, are facing unfavourable backdrop for the plans to boost production as a potential crude surplus in 2025 and cooling demand will likely continue to blunt ...
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 ...