With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

Oil prices edged up on Wednesday, buoyed by concern over oil supply disruptions in Russia and the U.S. while the market ...

Goldman Sachs said a potential ceasefire in Ukraine and subsequent easing of sanctions may have little impact on Russia's oil ...

The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

In other words, Trump’s goals of cheaper energy and more U.S. oil and gas production are at direct and quite sharp odds with OPEC’s priorities. Friendship with Crown Prince Mohammed won’t ...

Vandana Hari of Vanda Insights forecasts a more stable oil market in 2025. Reduction in geopolitical strains and strategic ...

Oil prices retain strength despite OPEC cutting demand forecasts By ... 2023 The oil market finished last week strongly, rallying by more than 2.2% on Friday. This move higher came as Russia ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

OPEC's view on oil demand is at the higher end of industry ... of President Donald Trump's new U.S. administration has added more uncertainty into markets, potentially creating supply-demand ...