OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

Japan's growth rates are expected to be 1.0% for both 2025 and 2026. The Eurozone's economic growth has been slightly revised ...

Crude oil production by the 22-member group remained steady in January at 40.63 million barrels per day. Output by the 18 members with quotas grew by 110,000 b/d, putting them 66,000 b/d over their ...

The oil market traded under pressure after rising for three consecutive sessions as the latest inventory numbers from the ...

Oil prices retreat in early trade following reports of a large U.S. crude stockpiles build. Brent crude is down 1% to $76.24 a barrel, while WTI falls 1.1% to $72.50 a barrel. U.S. crude oil ...

EU Mid-Market Update: Another session with volatility weighted to second half of day as market waits for first US CPI reading ...

Tuesday closed up +1.00 (+1.38%), and March RBOB gasoline (RBH25) closed up +0.0431 (+2.05%). Crude oil and gasoline prices ...

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...

US economists are looking for monthly headline CPI at 0.31%, which would keep the year-on-year rate at 2.9%. Core CPI is ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price ...

U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...