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 ...

The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S.

Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of ...

Opec-plus’ crude average production averaged 40.81 million b/d, a decline of 1.18 million b/d compared with 2023.

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

OPEC has revised its forecast for oil demand ... Meanwhile, rising bets for an early RBA rate cut, China's economic woes and US-Sino trade war fears act as a headwind for the Aussie.

OPEC has cut its forecast for global oil demand ... the Biden administration is considering stricter sanctions on Russia’s oil trade to increase pressure on the Kremlin, just weeks before ...

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 ...

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

The decline in production from OPEC was partially balanced by slight increases in output from Libya and Nigeria. However, ...