OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its longer-term view, based on rising consumption in the developing world ...

OPEC, together with its allies, is increasing oil production and anticipates "very strong" demand in the third quarter, with a tight supply-demand balance expected in the months ahead, the group's ...

The Organization of the Petroleum Exporting Countries said it anticipates an easing of global trade tensions in the coming weeks and kept its oil-demand forecast unchanged as it continues to ramp ...

OPEC, which along with its allies is ramping up oil output, expects "very strong" oil demand in the third quarter and a tight supply-demand balance in the following months, its secretary general ...

Dr. Gil FeilerOil markets enter a phase of moderate fundamentals with Brent expected to average ~$66–69 USD/barrel in H2 2025 ...

Mumbai, July 16 -- OPEC stated in its monthly oil market report that the global oil demand growth forecast for 2025 remains at 1.3 mb/d, year-on-year (y-o-y), unchanged from last month's assessment.

Kuwait Oil Minister Says OPEC Is Watchful Of Market Conditions, Supply, Demand, And Comments From U.S. President ...

The OPEC therefore kept its estimates intact. In absolute terms, the global oil demand may total 105.13 mln bpd in 2025 and 106.42 mln bpd in 2026.

The OPEC+ had hiked production by about 548,000 bpd in August and about 411,000 bpd in July. The OPEC’s decision to increase ...

The International Energy Agency has hiked its forecasts for global oil supply this year and next, while noting that 2025 ...

Earlier, OPEC+ cited a healthy economy and low stockpiles for its decision. The U.S. may impose tariffs on Russian crude ...