WTI falls below $74.00 as Trump reiterates call for OPEC+ to reduce Oil prices
WTI depreciates US President Donald Trump called on OPEC+ to reduce crude Oil prices. Trump reiterated his demand for OPEC+ to lower Oil prices to hurt Russia's finances and end the Ukraine war. The White House confirmed that Colombia has agreed to all of the terms,
The oil market has shifted from concerns of a surplus to fears of a deficit due to factors such as sanctions and increased ...
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Report reveals why OPEC may clash with Nigeria over planned crude production increaseA new report has alleged that Nigeria may be headed to a showdown with the Organisation of Petroleum Exporting Countries ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
The perception of the impact of President Trump’s tariff threats and his call for OPEC to lower prices fueled price drops.
Data as of Jan. 6, 2025. By unwinding more slowly, much smaller supply growth reduces the impact on price. Even so, forecasters see non-OPEC supply growth exceeding global demand growth in 2025.
OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier ...
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Indian energy supply unaffected by US sanctions on RussiaBy bno Chennai bureau India’s energy security remains steady despite new US sanctions targeting Russia, Indian Oil Corporation (IOC) Chairman Arvinder Singh Sahney said during an interview with ANI at ...
The International Monetary Fund downgraded its growth forecasts for Saudi Arabia by more than any other major economy it ...
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