The Organization of the Petroleum Exporting Countries cut its forecast for oil-demand growth for the fourth consecutive month ...

President-elect Donald Trump's pick of U.S. Senator Marco Rubio for secretary of state could signal stricter enforcement of ...

OPEC lowered its global oil demand growth outlook for 2024 and 2025 for the fourth consecutive month, citing a decline in ...

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.

Nigeria’s daily crude oil production increased from 1.39 million barrels per day (bpd) to 1.43 million bpd in October 2024.

At this point, there are no signs indicating that OPEC+ is on the brink of collapse. The leading countries in OPEC+ show that ...

West Texas Intermediate (WTI) Oil price continues to decline for the second consecutive day, trading around $69.90 per barrel during the Asian hours on Monday. The drop in crude Oil prices comes as ...

We expect oil and European gas prices to fall throughout 2025, with both balances looking more comfortable. The macro and ...

Saudi Arabia has been wringing its hands to cajole Opec members, such as Iraq and the United Arab Emirates (UAE), to limit production to support prices. Although Iran is a member of Opec ...

In Opec’s latest monthly report the group cut its forecast for ... and that feeds directly into Opec+’s production policy.

The recent string of oil price hikes may be coming to an end, with industry analysts projecting a slight dip in prices next ...

The group's overall crude production was 40.58 million b/d, up 140,000 b/d versus September, largely buoyed by a rebound in ...