Initially, OPEC did not wield its full pricing power as a cartel in the 1960s. Oil prices were relatively stable until the ...

OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting ...

Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...

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

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Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...

Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Saudi Arabia and allied oil producing countries said on Sunday ... which comes ahead of the U.S. presidential election on Tuesday.

Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...

US shale producers are turning up the heat on OPEC again — but this time the cartel’s adversaries aren’t a bunch of ...