News

The cartel trimmed next year’s forecast for supply growth from the U.S. and other rivals while keeping its oil demand ...
OPEC said on Monday it expected the global economy to remain resilient in the second half of this year and trimmed its ...
Key OPEC+ nations added less oil to the market last month than the headline figure of its output plan, as the cartel’s ...
Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...
Oil price hovers at $73 per barrel By Udeme Akpan, Energy Editor THE Organisation of Petroleum Exporting Countries, OPEC, ...
The Organisation of the Petroleum Exporting Countries (OPEC) says it will maintain the global oil demand growth forecast at 1 ...
The organization left its forecasts for global oil demand growth unchanged in 2025 and 2026, after reductions in April ...
The United States and its allies, in coordination with the IEA, last tapped emergency oil stocks in early 2022 after the ...
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
Dan Pickering, Founder & CIO from Pickering Energy Partners, joins CNBC's Dan Murphy to talk oil prices, and he says OPEC ...