The oil market has shifted from concerns of a surplus to fears of a deficit due to factors such as sanctions and increased ...
The Vienna-based cartel retained its oil demand forecast for this year after a series of cuts and projected broadly stable ...
The perception of the impact of President Trump’s tariff threats and his call for OPEC to lower prices fueled price drops.
OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier ...
OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely driven by strong non-OECD growth ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
Oil prices were higher on Thursday after spending most of the session in red due to lack of clarity over Trump’s tariff policies.
The latest round of U.S. sanctions against Russian oil, announced last Friday, could significantly disrupt Russia's oil ...
The International Monetary Fund downgraded its growth forecasts for Saudi Arabia by more than any other major economy it ...