News

Oil prices steadied in early trading on Friday following a 2% drop in the previous session that was driven by U.S. President ...
Oil futures steady above $67.44 while traders await Fed and OPEC cues. Strong gasoline demand supports crude oil outlook ...
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
The OPEC oil cartel said Thursday that demand for crude will continue to expand through at least 2050, calling efforts to ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
OPEC is doubling down on its view that global oil demand will keep rising through 2050, with no peak demand in sight, releasing its annual World Oil Outlook on long-term energy trends.
Venezuelan state-run PDVSA's oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by ...
OPEC ministers, top energy firm CEOs and oil and gas analysts and traders gathered for the OPEC Seminar in Vienna this week.
OPEC+ jolted markets by announcing it would flood the market with more oil.