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

During the World Leaders Climate Action Summit, the central event of COP29 held under the UN Framework Convention on Climate ...

TEHRAN - The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said Iran produced 3.259 million ...

Oil prices may see a drastic fall in the event that oil alliance OPEC+ unwinds its existing output cuts, said market watchers ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, the ...

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.

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

In its latest monthly report published on Tuesday, OPEC said world oil demand would rise by 1.82 million barrels per day (BPD) this year, down from 1.93 million bpd the cartel predicted in October; up ...

Norway’s $36bn domestic wealth fund has been opportunistic in buying up shares in John Fredriksen’s Frontline and Andreas ...

Signs point to stable to lower crude oil prices in 2025 because global production is expected to easily keep up with ...

Global oil markets face a surplus of more than one million barrels a day next year as Chinese demand continues to falter.

OPEC and its allies, or OPEC+, are facing unfavourable backdrop for the plans to boost production as a potential crude ...