Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...

OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...

"The price forecast is driven largely by more oil inventory builds following OPEC+ members' decision to accelerate the pace of production increases," the EIA said. It predicts global inventory builds ...

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

The OPEC Reference Basket averaged USD 70.97 a barrel in July 2025, marking a monthly increase of USD 1.24, in contrast, Br ...

OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...

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The Organization of the Petroleum Exporting Countries (OPEC) is expecting more growth in global demand for crude oil due to a ...

OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...

Saudi Arabia, Russia and six key members of the OPEC+ alliance said Sunday they will increase production by 547,000 barrels a ...

Oil ETFs hit by OPEC+ plans to boost production. USO, BNO, and UCO saw significant losses. Equity-based and diversified funds ...