The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over ...

Crude oil prices dipped despite a significant U.S. gasoline inventory draw indicating strong demand, as concerns about global ...

Vienna: 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 ...

The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging mounting economic uncertainty amid trade tensions. The ...

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.

The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.

OPEC announced on Wednesday that Kazakhstan was the country responsible for a significant increase in crude production in February by the wider OPEC+ group.

OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a ...

Moreover, OPEC also maintained its outlook on growth of oil supply from non-OPEC+ countries at 1 mbd for 2025 and 2026. In ...

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 ...

OPEC+ crude production surged last month as Kazakhstan, which has long flouted the cartel’s output quotas, further breached ...

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, ...