Opec has raised its forecast for world energy demand for the medium and long term as global economies expand and population growth boosts requirements for oil.Overall energy demand in the long term is ...

The OPEC oil cartel said Thursday that demand for crude will continue to expand through at least 2050, calling efforts to ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

Oil steadied as traders weighed a large increase in US crude stockpiles and a wave of new tariff rates from President Donald Trump. Meanwhile senior officials from three of OPEC's core producer ...

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...

You can see that even with the increase in several months, we haven't seen a major buildup in the inventories, which means ...

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Crude oil prices declined after OPEC agreed to raise production by 548,000 barrels per day in August. Oil prices also came ...

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $67.36 per barrel, up from Wednesday’s close at $67.32. Brent Oil Exchange Rate (Brent crude) ...

India’s crude oil imports from the United States and Brazil witnessed the sharpest year-on-year growth in the first half of ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.