OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...

World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind ...

Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it’s a foregone conclusion ...

Oil prices have demonstrated acute sensitivity to Trump’s trade policies. After his “Liberation Day”, global oil prices plummeted, with Brent crude tumbling from about $US75 a barrel to less than ...

For import-reliant Asia, the Opec+ output rise is a welcome development. Markets are still on edge over US-China trade ...

Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...

Oil prices slid more than 3% before paring losses on Thursday after President Trump hinted that the US was nearing a nuclear deal with Iran—a move that could increase global crude supply. West Texas ...

OPEC+ decided to increase crude oil output for this month and the next. This appears to be in support of the trend of ...

Oil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts.