If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...
“I'm also going to ask Saudi Arabia and OPEC to bring down the cost of oil." The remarks were the first of Trump's four-day-old presidency to global business and political leaders at a time when ...
However, that is now pushed back until September 2026. OPEC Dec crude production fell -120,000 bpd to 27.05 million bpd. Crude oil demand in China has weakened and is a bearish factor for oil prices.
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 ...
Foreign oil has underpinned China’s economic rise, as the country built the world’s largest car industry from scratch ... The country’s ongoing property crisis led to a slowdown in ...
Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa Manthey note. “The IEA warned of potential supply disruptions ...
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Geopolitical tensions and a 2M-barrel U.S. crude inventory drop drive oil prices higher, signaling tighter global supply. Natural gas faces bearish momentum, trading at $3.70 as it slips below $3. ...
Oil prices climbed above $81 per barrel yesterday, following the release of the latest Monthly Oil Market Report (MOMR) by the Organisation of Petroleum Exporting Countries (OPEC) and projections ...
The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil projections by the IEA of global oil demand peaking before 2030. The forecast ...
(Brussels, January 16, 2025) – The Georgian government drove the country toward a human rights crisis in 2024, Human Rights Watch said today in releasing its World Report 2025. The government ...