Donald Trump has a long history of criticising OPEC for high energy costs, which continued shortly after his inauguration. He ...

LONDON, Jan 15 (Reuters) - OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for 2024 for a sixth time, following economic ...

Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana continues to grow, the US government said in its first set of ...

This means oil prices will fall unless Saudi Arabia unilaterally cuts its output, as it did in 2008 to engineer the biggest output cutback in Opec history after Brent crude fell below $100 during ...

ABUJA – Organisation of the Petroleum Exporting Countries (OPEC) has officially replaced Rystad Energy and the U.S. Energy Information Administration (EIA) with Kpler, OilX, and ESAI as secondary ...

LONDON, Jan 7 (Reuters) - OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab Emirates due to field maintenance and from Iran ...

After oil production in the United States reached it's highest levels in history in 2023 under President Biden, multiple OPEC nations began pushing for production increases to compete with the U.S ...

Trump urged OPEC to cut oil prices to help end the Russia-Ukraine war and drive down interest rates. Despite Trump’s request, OPEC+ is unlikely to alter its production plans. Standard Chartered ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient The Organization of Petroleum Exporting Countries (OPEC) has released its latest Monthly Oil Market ...

OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at buoying global oil markets. Output from the Organization of Petroleum ...

Donald Trump has a long history of criticising OPEC for high energy costs, which continued shortly after his inauguration. He called on Saudi Arabia and its allies to reduce oil prices.

[Stay on top of transportation news: Get TTNews in your inbox.] Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the U.S., Canada and Guyana ...