OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for ...

The Vienna-based cartel retained its oil demand forecast for this year after a series of cuts and projected broadly stable ...

Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana ...

World oil production decreased by 1,014 kb/d in September to 80,795 kb/d. The largest decreases came from Libya, 350 kb/d, ...

Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa ...

OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally ...

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...

OPEC says the Dangote Petroleum Refinery and its efforts to ramp up petrol production are impacting the PMS market in Europe.

The 2026 forecast is in line with the Organization of the Petroleum Exporting Countries’ view that oil use will rise for the ...

Qatari Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al-Thani confirms cease-fire agreement during press ...