OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data ...

VLCCs have resumed their upward trajectory, with more — potentially a lot more — to come. After massive gains to close out ...

The Organization of the Petroleum Exporting Countries (OPEC) has received updated plans for Iraq, Kazakhstan and other ...

A photo of the OPEC Seminar. OPEC is an organization of 12 of the countries responsible for oil production in the world. It includes Algeria, the Republic of the Congo, Equatorial Guinea ...

LONDON (Reuters) -OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data received for the first quarter and trade tariffs ...

(Bloomberg) -- Oil fell after a Reuters report that some OPEC+ members will seek an accelerated output increase overshadowed an optimistic turn in trade talks between the US and China. West Texas ...

PARIS, France (AFP) — OPEC slightly lowered its forecast for oil demand growth on Monday, citing the impact of US tariffs on the world economy. The Saudi-led oil cartel said in a monthly report ...

OPEC Output Hikes, Trade Wars Have US Oil Producers Wary of 'Drill Baby Drill' By Arathy Somasekhar HOUSTON Reuters) - President Donald Trump moved on his first day in office to increase U.S. oil ...

OPEC on Monday cut its oil demand growth forecast for 2025 and 2026 as President Donald Trump's tariffs weigh on global economic growth. The cartel now sees demand for crude growing by 1.3 million ...

NEW DELHI (Reuters) - The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on cheaper oil from Russia, the top oil supplier to New Delhi ...

Kazakhstan has sparked fresh tensions within OPEC+ by asserting that its oil production strategy will be governed by national interests rather than group quotas, raising questions about future ...

For Iraq, OPEC’s internal data show a poor track record of compensating for overproduction in previous rounds of cuts. Baghdad has long chafed against output limits, as it seeks to rebuild its ...