Liquids production in OECD countries, excluding Mexico, is projected to increase in 2025, according to OPEC’s latest outlook.
OPEC has maintained its forecast for global oil demand growth in 2026 at a solid 1.4 million barrels per day (mb/d) ...
Oil prices careened downward after President Trump threatened a "massive" ramp-up in tariffs on Chinese goods, extending ...
China is significantly expanding its oil reserves. New storage sites are under construction, aiming to hold two weeks of ...
Brent crude futures gained 1.5% Monday, after a weekend agreement by the OPEC cartel and its allies to implement a restrained ...
European stock futures were little changed early Monday. Asian stock benchmarks tracked Japanese stocks higher; the dollar and Treasury yields rose; and oil and gold futures advanced. Equities: Stock ...
OPEC and its allies agreed to a modest 137,000-barrel-per-day output increase for November, mirroring October’s move. The cautious hike aims to stabilize prices and reclaim market share from U.S.
NEW YORK — A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to a small boost in oil production, citing a steady global economic outlook. The group said ...
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