OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...

The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.

OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...

OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...

Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...

Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...

OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...

The sluggish demand clashes with a surge of production from Opec. The IEA said Opec’s push to boost global oil supply would ...

NIGERIA seems to be turning its oil industry around. July witnessed improvements as oil production inched beyond 1.8 million ...

Opec forecast a tighter global oil market than previously projected, citing accelerating demand growth and a slower expansion ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...