Oil prices dropped sharply yesterday as the Organisation of the Petroleum Exporting Countries estimated that global crude supplies could continue to exceed demand.

OPEC Holds Oil-Demand Forecast Steady While Pointing to Rising Global Inventories The Organization of the Petroleum Exporting Countries left its oil-demand forecasts unchanged as it continues to raise ...

Precious and base metals gain on US shutdown optimism, while oil prices fall sharply on oversupply concerns and subdued trade.

In October, Russia was to produce 9.481 mln bpd with consideration of all the voluntary cuts and commitments to compensate surplus production and was to compensate 10,000 bpd of excess production ...

Crypto markets brace for volatility as U.S. budget data, OPEC report, and Fed speeches line up amid a possible end to the ...

OPEC raised oil production slightly last month as key members began gradually restarting another layer of halted supplies, according to a Bloomberg survey.

Washington (CNN) — Company announcements of layoffs in the United States surged in October as AI continued to disrupt the labor market. Announced job cuts last month climbed by more than 153,000, ...

Contrary to popular belief, oil prices aren’t determined by any one country, company, or cartel. Instead, they’re the product of a global tug-of-war among producers, traders, and policymakers. It’s a ...

Take a look at the Announcement Trailer for Aluna Rift, an arcade action roguelike bullet hell game developed by Ben Lowther-Saul. Players will take on neon-colored lasers in the infinite cosmos to ...

Major oil producers have little reason to celebrate with crude prices down by more than 10% so far this year and market forecasts for the biggest global supply surplus on record.

As widely expected, OPEC+ announced another oil supply increase of 137k b/d for December. However, the more interesting takeaway from the meeting was the group's decision to pause supply increases ...

Further to the pre-stabilisation period announcement dated 28 August 2025, Natixis (contact: Christopher Agathangelou; telephone: 0158550814) hereby gives notice that no stabilisation (within the ...