Output for January 2025 was revised higher by 9 kb/d and February 2025 output was revised lower by 6 kb/d compared to last ...

OPEC revised its forecast for global oil demand slightly downwards in its monthly report published yesterday due to the expected impact of US tariffs. It now expects an increase of 1.3 million barrels ...

OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data ...

OPEC revealed, in its Monthly Oil Market Report for February and March 2025, that crude prices fell for the second successive month. Data showe ...

Opec (Organisation of the Petroleum Exporting Countries) slightly lowered its forecast for oil demand growth on Monday, citing the impact of US.

Trade tariffs announced by the US President Donald Trump as well as a plan for higher output by Opec+, which includes Opec ...

The updated compensation plan increases monthly production cuts until June 2026 to ... according to a Reuters report. The ...

A report by Reuters quoting the OPEC Monthly Oil Market Report for April said the Secretariat now sees demand growing by 1.3 million barrels per day in 2025, down from a previous forecast of 1.4 ...

CVX, COP and EOG offer stability and upside, as OPEC's outlook signals slower growth but confirms oil's lasting role in the ...