OPEC now expects demand to rise by 1.3 million barrels a day this year and 1.28 million barrels a day in 2026, compared with previous projections of 1.45 million and 1.43 million, respectively.

US crude oil has fallen more than 22% since peaking in January. Oil extended its losses on Wednesday even as tariff pressures ...

Opec+ members have been holding back production for the past three years, cutting their combined output by almost 6mn b/d in ...

Crude oil futures are down about 13% since President Donald Trump announced his sweeping tariff plan on April 2.

OPEC cut forecasts for global oil demand growth this year and next as President Donald Trump’s tariff onslaught takes a toll ...

The Organization of the Petroleum Exporting Countries (OPEC) has received updated plans for Iraq, Kazakhstan and other ...

OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data ...

WTI crude oil has reached the pivotal level following its rebound, while natural gas continues to consolidate around the $3 ...

The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on ...

CVX, COP and EOG offer stability and upside, as OPEC's outlook signals slower growth but confirms oil's lasting role in the ...

A summit on energy security opens in London amidst major disagreements on renewables in satisfying the world's thirst for ...

The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after boosting output, ...