OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

West Texas Intermediate (WTI) crude Oil price extends its gains for the second successive day, trading around $71.50 per ...

Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

West Texas Intermediate (WTI) Oil price falls on Thursday, according to FXStreet data. WTI trades at $70.55 per barrel, down ...

In its February monthly oil market report, OPEC projects a "healthy" increase in global oil demand, estimating growth of 1.45 million barrels per day (bpd) in 2025, followed by a rise of 1.43 million ...

Trump’s promotion of fossil fuel-driven growth poses significant challenges, but there are mitigating factors as well.

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price ...

Oil prices declined in 2024 due to macro challenges in China and an increase in supply from the U.S. and non-OPEC (Organization of the Petroleum Exporting Countries) producers. Prices continue to ...

The Organization of Petroleum Exporting Countries (OPEC) has kept its global economic growth forecasts steady, with expectations of 3.1% growth in 2025 and 3.2% in 2026, according to its monthly oil ...

OPEC Secretary-General Haitham Al-Ghais stressed that the organization’s decisions are guided by a long-term vision for global markets, aiming to achieve price stability. Speaking at the India Energy ...