Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

ODESSA, Texas (KMID/KPEJ) – 8 members of OPEC+ (Organization of the Petroleum Exporting Countries) say the organization will boost oil production in August 2025, by 548,000 barrels per day. These ...

According to OPEC’s forecast, US oil production is projected to reach 23.1 mln bpd by 2030, compared with 21.8 mln bpd in 2024. Shale oil and tight oil output are expected to increase to 16.5 mln bpd ...

OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...

The United Arab Emirates could further boost its oil production capacity after 2027 if that is what markets require, its ...

Petrol prices in India currently stand at Rs 101 per litre amid continued volatility in global oil prices --- with many ...

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...

HOUSTON (Reuters) -Oil prices rose nearly 2% on Monday as signs of strong demand more than offset the impact of a higher-than ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

The U.S. Energy Information Administration (EIA) projects U.S. crude oil production will peak around 14 million bpd in 2027.

Growth of Oil and Gas Industry - Infographic: Market Size, Sector Composition key Trends and Government Initiatives.

Oil prices plunged to their lowest level since December 2021, with Brent oil falling 4% to $68.99 on Tuesday. Supply and demand issues, including a slowdown in China's economy, are pressuring prices.