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 ...

Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...

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.

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

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

Brent crude futures rose $1.20 to $80.96 a barrel by 1022 GMT, while U.S. West Texas Intermediate crude was up $1.30 at ...

However, copious oil supplies amid growing global output and slowing Chinese oil consumption will put India in a better ...

Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while data showing an unexpected increase in ...

Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected increase in ...

Oil prices eased in volatile trade on Monday as some bearish economic news from the United States and Germany offset bullish ...

Oil prices eased about 1% in volatile trade on Monday following some weak economic news from the U.S. and Germany. Earlier in ...

Oil prices hovered at their highest since October on Monday as investors eyed the impact on global fuel demand from colder ...