OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely ...

Qatari Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al-Thani confirms cease-fire agreement during press ...

Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa ...

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...

The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...

The OPEC basket crude oil prices advanced on a monthly basis in November and December 2024, after declining three times in ...

West Texas Intermediate (WTI) Oil price retreats after reaching six-month highs, gaining more than 3%, in the previous ...

The Organisation of the Petroleum Exporting Countries (OPEC) has highlighted how the Dangote Petroleum Refinery is helping ...

IEA revises 2025 global oil demand outlook to 1.05 million barrels per day, citing economic recovery and lower fuel prices. OPEC projects higher growth.

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 ...