News

Crude oil pulls back after U.S. inventories post surprise rise, OPEC issues cautious report
Crude oil fell after four straight sessions of gains, as government data showed U.S. crude oil stockpiles rose unexpectedly ...
OPEC Signals Cautious Optimism on Trade, Holds Oil Demand Forecast
The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...
OPEC sees India's oil demand rising 3.4% in 2025, double the pace of China
OPEC projects India's oil demand to surge, outpacing China's growth in 2025 and 2026, driven by a robust economy and ...
Oil prices tumble as Trump hints that US near nuclear deal with Iran
Oil prices slid more than 3% before paring losses on Thursday after President Trump hinted that the US was nearing a nuclear ...
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OPEC maintains 2025 oil demand growth at 1.3 mb/d, projects sustained momentum for 2026
The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...
OPEC April oil output edges lower despite plans for hike, survey finds
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
Oil Markets Overdo Fears of Recession, OPEC Overhang
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 ...
OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
US oil prices drop more than $1 as inventory build raises oversupply fear
U.S. crude futures declined more than $1 in early trade on Thursday after an unexpected build in U.S. crude oil inventories ...