OPEC lowered its forecasts for 2024 and 2025 global oil demand growth on Wednesday in the fifth consecutive cut to the ...

OPEC cut its 2024 global oil demand growth forecast for a fifth straight month on Wednesday and by the largest amount yet, a ...

OPEC cut oil demand growth forecasts for this year and next for a fifth straight month, making its deepest reduction to the ...

The Vienna-based cartel cut its forecast for oil-demand growth for the fifth consecutive month after further postponing plans ...

Oil prices settled more than $1 higher on Wednesday after the European Union agreed to an additional round of sanctions ...

Oil prices continued its steady move higher on Wednesday, up around 1.27% at the time of writing. This is a slight surprise ...

Global oil demand in 2024 has disappointed, with growth of less than 1m b/d expected this year. Read more here.

OPEC's crude oil production increased in November, primarily due to higher output from Libya and Iran, despite the OPEC+ ...

This was broadly in line with Russia's monthly output quota of 8.98 million bpd under the OPEC+ deal and including voluntary ...

OPEC has already lowered its forecasts for global oil demand growth in 2024 and 2025 in its monthly market reports for four months in a row since August. OPEC had maintained its global oil demand ...

WHAT do you do in an energy industry that is facing its first speed bumps after decades of meteoric growth? In the case of ...

The Organisation of the Petroleum Exporting Countries (OPEC) has appointed Ademola Adeyemi-Bero as the chairman of its board ...