Barclays lowered its Brent crude forecast on Monday by $4 to $70 a barrel for 2025 and set its 2026 estimate at $62/b, citing ...

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

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 ...

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 ...

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 ...

The Commodities Feed: Inventory Pressure By Warren Patterson - Feb 16, 2023 Energy - Higher Demand for OPEC Oil Oil prices settled lower yesterday as the market digested the US SPR release ...

Another major Gulf oil producer, Kuwait, last month approved a financing and liquidity law that will allow OPEC’s fourth-largest producer to return to the debt market after eight years.

The day's agenda is packed with significant events, including the release of the OPEC Monthly Report and speeches from several Federal Reserve officials, which are likely to provide insights into oil ...

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 ...

President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil industry is actually starting to think about cutting output and jobs due to a ...