The Vienna-based cartel retained its oil demand forecast for this year after a series of cuts and projected broadly stable ...
OPEC's share of India's oil imports rose for the first time in nine years, signaling a shift in the country's sourcing ...
OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely ...
Oil futures were up modestly Wednesday, finding support after snapping a three-day winning streak that had been driven in part by wider U.S. sanctions on Russia as well as cold weather in much of the ...
Crude oil prices continued to rally on Thursday as a drop in US stockpiles and a softer inflation buoyed sentiments in the ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
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.
The OPEC basket crude oil prices advanced on a monthly basis in November and December 2024, after declining three times in ...
Qatari Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al-Thani confirms cease-fire agreement during press ...
OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...
Brent crude futures were down 37 cents to $81.66 per barrel by 1042 GMT, while U.S. West Texas Intermediate crude futures ...
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...