OPEC, in its monthly oil market report, also lowered its forecast for demand this year slightly. The cut was not as prominent as that of the IEA’s. The essential issue is determining what will ...

The cartel of world’s largest oil producers Opec has 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 ...

U.S. crude oil prices held steady Monday after OPEC cuts its demand growth forecast for this year on President Donald Trump's tariffs. U.S. crude oil rose 3 cents to close at $61.53 per barrel ...

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 ...

OPEC on Monday cut its oil demand growth forecast for 2025 and 2026 as President Donald Trump's tariffs weigh on global economic growth. Stream Los Angeles News for free, 24/7, wherever you are ...

Advt "They've definitely opened the door for the OPEC countries to gain market share here, and it's an inadvertent, self-inflicted wound," Patterson said. "It was counterintuitive for the ...

A Reuters survey found that OPEC oil output fell in March as Nigeria curbed deliveries to domestic refineries. In March, supply from Nigeria, Iran, and Venezuela fell by 50,000 bpd each ...

VIENNA, 8th April, 2025 (WAM) -- The OPEC Fund for International Development has signed a financing agreement with Banesco, a financial institution in the Dominican Republic, to provide a US$10 ...