OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

MOSCOW, May 14. /TASS/. Oil production by the eight OPEC+ countries, which voluntarily reduce oil production, totaled 30.807 million barrels per day (bpd) in April, which is 475,000 bpd above the ...

Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...

Crude oil prices rally nearly 3% as traders weigh improved demand outlook against rising OPEC supply. Can bulls break above ...

At the same time, OPEC has revised downward its forecast for oil supply growth from non-OPEC+ countries in 2025 and 2026 by 0.1 mln bpd, lowering it to 0.8 mln bpd. In absolute terms, supply from ...

Oil prices eased on Wednesday after government data showed U.S. crude oil stockpiles rose unexpectedly last week, prompting ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...

The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria retained its position as the largest crude oil ...

OPEC Signals Cautious Optimism on Trade, Holds Oil Demand Forecast The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook but struck a cautiously optimistic tone on ...

Crude oil falls as API data shows a 4.3M barrel build; traders await EIA report for fresh insight into U.S. inventories and ...