Geopolitics and the foreign and trade policy choices of the new U.S. administration will impact the world order and economy, and OPEC+ will have to carefully navigate through all these to remain a ...

In December, the OPEC Reference Basket (ORB) rose by nine cents, or 0.1 percent, m-o-m, to average USD 73.07/b, according to OPEC Monthly Oil Market Report January 2025 ...

Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...