1. US CPI looms large The week’s... Oil prices retain strength despite OPEC cutting demand forecasts By Investing.com - Dec 11, 2024 3 Investing.com -- Oil prices rose Wednesday, with sentiment ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price ...

OPEC expected growth in 2025 is unchanged from last month’s report and the 2026 estimate for World liquids growth is the same ...

OPEC, in a monthly report, said demand will rise by 1.43 million barrels per day in 2026, a similar rate to the growth of 1.45 million bpd expected this year. The 2026 prediction is OPEC's first ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa Manthey note. “The IEA warned of potential supply disruptions ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

OPEC forecast another year of steady oil demand ... the Organization of Petroleum Exporting Countries said in a monthly report on Jan. 15. In theory, that should allow Saudi Arabia and its OPEC+ ...

OPEC on Monday decided to stick with its plan to start raising output in April. Specifically, the report said Nigerian production slipped by 60,000 bpd, the survey found, reflecting lower exports ...

Prices of various raw materials are determined by their quality against standard materials such as Brent, West Texas, and Dubai Crude.