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Oil futures settled lower after gaining the previous two sessions, kept back by concerns about imminent output increases by OPEC+ and lack of visibility on trade relations between the U.S. and China.
Crude oil prices fell more than $1 a barrel on Monday morning as demand fears arising from the trade war between the United ...
Oil prices edged up on Thursday as investors weighed a weaker US dollar, potential Opec+ output increase, mixed economic news, conflicting US tariff signals and news from the Russia-Ukraine war.
NEW YORK] Oil prices edged up on Thursday (Apr 24) as investors weighed a weaker US dollar, potential Opec+ output increase, ...
Oil prices rise more than 1% in afternoon trade despite OPEC cutting its oil-demand forecast for this year, citing the impact of U.S. tariffs. Brent and WTI are up 1.4% to $65.67 and $62.38 a ...
LONDON: 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 announced by the ...
Meanwhile, OPEC and its allies–which pump more than half of the world’s crude oil–unexpectedly decided to increase supply by 411,000 barrels a day in May, the equivalent of three monthly ...
OPEC cut forecasts for global oil demand growth slightly this year and next as President Donald Trump’s tariff onslaught takes a toll on consumption, while remaining more bullish than other ...
VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) has revised down its forecast for global oil demand growth in 2025 to 1.3 million barrels per day, citing the expected impact ...
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 announced by the United ...
[RIYADH] Opec slightly lowered its forecast for oil demand growth on Monday (Apr 14), citing the impact of US tariffs on the world economy. The Saudi-led oil cartel said in a monthly report that it ...