Crude oil futures fell 2% Monday after OPEC reduced its oil demand outlook for 2024 and 2025 once again, citing data received ...

​OPEC is now forecasting that demand for oil will grow more slowly than it had previously expected for the rest of this year ...

OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also ...

Being net importers of petroleum goods, there are a number of African countries that are extremely susceptible to changes in ...

OPEC trimmed its forecasts for oil demand growth this year and next for a third consecutive month as the group belatedly ...

June Non-OPEC oil production increased by 106 kb/d to 52,549 kb/d. The largest increases came from Canada and Brazil while ...

The Organization of the Petroleum Exporting Countries trimmed its forecast for growth in global oil demand for both 2024 and ...

In the wake of continuing economic uncertainty in China, the Organization of the Petroleum Exporting Countries (OPEC) has ...

One of the most significant drivers behind the drop in oil prices was renewed concern over China’s slowing economy. China, as the world’s largest importer of crude oil, plays a pivotal role in shaping ...

The Organisation of Petroleum Exporting Countries (OPEC) said Nigeria's crude oil exploration dipped by 6.7% as the country's ...

The Organization of the Petroleum Exporting Countries further trimmed its forecast for oil-demand growth, as it prepares to ...

OPEC on Monday lowered its forecast for global oil demand growth in 2024, reflecting data received so far this year, while ...