The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

OPEC on Wednesday kept its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption, and reported that Kazahkstan led a jump in February ...

OPEC also kept its estimates for global economic growth unchanged at 3.1% for this year and 3.2% for the next, saying trade disruptions could generate headwinds but that the economy will be supported ...

Oil prices bounced higher yesterday on a constructive weekly inventory report from the Energy Information Administration ...

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to reduce production, OPEC data showed on Wednesday. Kazakhstan has persistently ...

S&P Global Commodity Insights estimates that the average break-even price for US shale producers this year is $45 per barrel and many analysts and oil executives said too many US shale producers would ...

HOUSTON (Reuters) -Interior Secretary Doug Burgum said on Wednesday that the United States could cut 20% to 30% of its ...

The outlook for core inflation remains positive despite some upward pressure from rising industrial metal prices, according ...

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WTI crude oil today is up +1.50 (+2.26%), and April RBOB gasoline is up +0.0438 (+2.08%). Crude oil and gasoline prices are moving higher. Today's weekly EIA inventory repor ...

Investing.com -- Kazakhstan, a member of the OPEC+ alliance, has been identified as the major contributor to the group’s oil ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.