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

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

OPEC has repeatedly revised down its 2024 demand estimates, citing a drop in diesel use and slower-than-expected economic ...

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

KEY TAKEAWAYS Crude oil prices fell Monday after the Organization of the Petroleum Exporting Countries (OPEC) reduced its oil ...

OPEC cut its estimate for China's crude oil demand growth in 2024 for a third straight month in October, but the producer ...

Russia cut crude oil output in September by 28,000 barrels per day (bpd) to about 9 million bpd, the Organization of the ...

Investors interested in the energy sector could benefit from focusing on resilient stocks like Diamondback Energy, ExxonMobil ...

Bloomberg Opinion columnist Javier Blas has predicted that oil markets will be oversupplied in 2025 thanks to unwinding OPEC production cuts as well as increased non-OPEC supply ...

For next year, OPEC cut its 2025 global demand growth estimate to 1.64 million bpd from 1.74 million bpd. OPEC+ has ...

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