OPEC's position in the oil market is slipping ... Higher oil pricing matters to OPEC+ countries given their heavy dependence on the energy trade to prop up their economies. In a note last week ...

Center for Foreign Relations senior fellow Dr. Michael Levi explains challenges facing OPEC at this year's meeting, including ...

Oil prices rose in the Asian morning session, driven by optimism over China’s potential economic recovery.

OPEC's extended production cuts and reduced non-OPEC growth will create a reliance on OPEC barrels, giving them leverage to set higher oil prices. Despite current low WTI prices, we anticipate a ...

OPEC cut oil demand growth forecasts for this year and next for a fifth straight month, making its deepest reduction to the 2024 outlook so far after agreeing to extend its supply curbs. The ...

Oil prices were on track to end 2024 with a second consecutive year of losses on Tuesday, but were steady on the day as data ...

LONDON (Reuters) -OPEC cut its 2024 global oil demand growth forecast for a fifth straight month on Wednesday and by the largest amount yet, a series of downgrades that highlights China's ...

Oil edged higher as the outlook for bolder stimulus in China next year countered weak trade data from the world ... A decision by OPEC and its allies to delay the return of idled production ...

OPEC has revised its forecast for oil demand ... The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider ...

Investing.com--Oil prices edged higher Wednesday, extending a bounce from the prior session as US industry data pointed to a ...

In a monthly report, OPEC said it expects 2024 global oil demand to rise by 1.61 million barrels per day (bpd), down from 1.82 million bpd last month. OPEC also cut its 2025 growth estimate to 1. ...