Crude oil price starts the year on a high on renewed Chinese demand optimism. Easing of the US dollar’s rally has further bolstered the asset’s prices. Ample supply from non-OPEC countries and ...

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

The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

1. US CPI looms large The week’s... Oil prices retain strength despite OPEC cutting demand forecasts By Investing.com - Dec 11, 2024 3 Investing.com -- Oil prices rose Wednesday, with sentiment ...

The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging uncertainty from the impact of potential tariffs. The ...

Russia pledged to submit an updated schedule for oil production cuts to compensate ... Traders are asking us to wait. We are waiting to get offers," Vetsa Ramakrishna Gupta told Reuters on Wednesday.

Crude Oil: More Downside Likely After Trump's Davos Speech Targets OPEC and Russia By Warren Patterson ... 2025 1 Oil prices are sliding due to a stronger US Dollar and concerns about the ...

The United States has imposed new sanctions on individuals and entities facilitating the sale of Iranian oil to China, aiming ...

Because crude oil is needed to manufacture other primary materials, it is the world’s most important commodity. The US investment bank Goldman Sachs estimates the proportion of crude oil used ...