If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

President Donald Trump reiterated his call for OPEC “to cut the price of oil,” arguing a decline could starve Russia of revenue and put a halt to Vladimir Putin ’s invasion of Ukraine. Trump’s ...

President Trump faces a gap between the rich and poor, one that helped him get elected. But he also faces another one: the ...

“Economic data continues to support the BoJ’s case for a rate hike,” said Gregor Hirt at Allianz Global Investors, pointing to upward momentum in core consumer prices. In European equity ...

Aside from trade, they include energy, immigration, deregulation, and fiscal stuff like tax policy. But El-Erian, president of Queens’ College at Cambridge University and an adviser to Allianz ...

U.S. President Donald Trump has vowed to impress on Saudi Arabia and the Organisation of Petroleum Export Countries (OPEC) to crash the price of crude oil in the global market, arguing that it would ...

US President Donald Trump said he would ask Saudi Arabia and other OPEC nations to “bring down the cost of oil,” casting the push for more crude output as a way to heighten pressure on Russia and help ...

"I'm also going to ask Saudi Arabia and OPEC to bring down the cost of oil." The remarks, Trump's first to global leaders in his four-day-old presidency, bolster the message that his second term ...

New Delhi: India’s oil product demand rose by 419,000 barrels per day (tb/d) in November 2024, marking a 7.9% year-on-year increase, as diesel, gasoline, and LPG consumption drove growth, according to ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally to 1.485 million barrels per day (bpd) in December 2024. In its ...

Yesterday both the IEA and OPEC released their monthly oil market ... Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience ...

This is notably lower than OPEC's more optimistic projection of 1.4 million b/d growth for 2025. "While it is too early to fully quantify the potential impact from these new measures, some operators ...