OPEC cut its forecasts for oil demand growth this year and next on Wednesday, highlighting weakness in China, India and other ...

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

OPEC cut its forecasts for oil demand growth this year and next on Wednesday, highlighting weakness in China, India and other ...

OPEC has cut oil demand growth forecasts for 2024 and 2025 for a fifth straight month, with the latest cut so far the deepest.

OPEC said it now expects 2024 global oil demand to rise by 1.61 million barrels per day, down from its forecast of 1.82 ...

Geological advantages are perpetual, but technological advantages can quickly become obsolete. David Fickling is a Bloomberg ...

OPEC appointed Haitham Al-Ghais for a second three-year term as its secretary-general, extending his tenure until mid-2028.

The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other ...

Iranian Oil Minister Mohsen Paknejad was elected as the rotating president of the Organization of the Petroleum Exporting Countries (OPEC) for 2025. In a press release on its website, OPEC confirmed ...

Oil prices were up about 1% on Wednesday having pared gains after producers group OPEC cut its forecasts for demand growth in ...

The Nigerian government on Tuesday announced the appointment of Ademola Adeyemi-Bero as the new Chairperson of the ...

The US and other oil-producing nations will account for the bulk of crude supply growth in 2025, Bank of America said.