The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...
The Organization of the Petroleum Exporting Countries stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said U.S. President Trump’s trade policy ...
OPEC lowered its forecast for supply growth from countries not participating in the Declaration of Cooperation–or DoC–to 1 million barrels a day in both 2025 and 2026 from 1.1 million barrels ...
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MT Newswires on MSNOPEC Maintains Oil Demand Growth Outlooks, Flags Tariff UncertaintyThe Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging uncertainty from the impact of potential tariffs. The ...
The Organization of the Petroleum Exporting Countries stuck to its oil-demand ... more volatility," the Vienna-based cartel said. OPEC still expects demand to grow by 1.45 million barrels a ...
In 1960, frustrated by Western control over the world’s oil industry, five of the world’s top oil-producing nations created the Organization of the Petroleum Exporting Countries, or OPEC.
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