Oil prices fell more than 1% a barrel on Wednesday, on track to end three days of gains after data showed U.S. crude stockpiles rose by more than expected ...
Crude's weakness on Wednesday “stems from the Federal Reserve keeping a hawkish outlook in place despite President \[Donald\] Trump’s request for the Fed to cut rates in order to spur investment from ...
Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...
China, India, other Asian countries, as well as Latin American and Middle Eastern states, are expected to be the main drivers of oil demand growth ...
World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...
The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...
Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.
The American Petroleum Institute, an industry trade group, reported late Tuesday that U.S. crude inventories rose 9.04 million barrels last week, according to a source citing the data, while gasoline ...
OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...
The American Petroleum Institute, an industry trade group, reported late Tuesday that U.S. crude inventories rose 9.04 million barrels last week, according to a source citing the data, while gasoline ...
OPEC Secretary-General Haitham Al-Ghais stressed that the organization’s decisions are guided by a long-term vision for global markets, aiming to achieve price stability. Speaking at the India Energy ...
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.