News

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...
The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...
Oil prices have begun rebounding amid signs of easing U.S.-China tensions and a surprise dip in U.S. inflation.
Crude oil futures fell Wednesday following four straight sessions of gains, after government data showed U.S. crude oil stockpiles rose unexpectedly last week and OPEC kept its demand growth estimates ...
OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...
Data from the Energy Information Administration showed that crude stockpiles rose by 3.5 million barrels to 441.8 million barrels last week, compared to expectations for a 1.1 million barrel draw.
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
In the spot market, Chicago RBOB prices rose by around 4cts to $2.21/gal, which was the most expensive east of the Rockies, driven by active refiner buying after the latest EIA data showed a 1.5 ...
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria retained its position as the largest crude oil ...
Having dipped to multiyear high, international crude oil price is seemingly on its way to regain the lost ground, ...