News

OPEC said on Monday it expected the global economy to remain resilient in the second half of this year and trimmed its ...
Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...
OPEC revised its World liquids demand estimate lower by 100 kb/d in 2024 compared to last month. The OPEC Monthly Oil Market Report (MOMR) for May 2025 was published recently. The last month ...
Parliament has several committees that allow the government and the opposition to get together to discuss and solve major issues facing our nation. Per our constitution “Standing Committees ...
Investing.com -- OPEC has slid back into the driver’s seat of global oil markets after the oil cartel’s aggressive output hikes put the squeeze on U.S. shale growth. But with the market now ...
“Our call is for another 411,000 barrel-a-day increase in the OPEC quota in July, similar to May and June,” said Martijn Rats, global oil strategist at Morgan Stanley. “Compliance by the ...
Saturday's decision comes after a meeting of all OPEC ministers on Wednesday, where the alliance's collective production policy was reaffirmed. The decision is officially justified by "healthy ...
A release posted on OPEC’s website on May 3 announced that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman “will implement a production adjustment of 411,000 barrels per ...
Goldman Sachs expects substantial growth in non-OPEC supply to send oil prices lower in 2026, with Brent hitting $56 and WTI dropping to $52. U.S. shale production, which Goldman Sachs excluded ...
1517 ET – Oil futures settle lower with expectations of further OPEC+ production increases in July outweighing the easing of trade tensions between the U.S. and the EU, which lifted equities.
ROBYN BECK/AFP via Getty Janet Jackson is forever an icon — especially at the 2025 American Music Awards. The five-time Grammy winner received the ICON Award, who CBS and Dick Clark Productions ...
Saturday’s decision comes after a meeting of all OPEC ministers on Wednesday, where the alliance’s collective production policy was reaffirmed. The decision is officially justified by “healt ...