MT Newswires on MSN1d
OPEC Maintains Oil Demand Growth Outlooks, Flags Rising Tariff Uncertainty
The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging mounting economic uncertainty amid trade tensions. The ...
Hosted on MSN29d
OPEC Sticks to Oil-Demand View, Flags U.S. Trade Policy Risks
OPEC still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, with strong air travel and road mobility boosting transportation fuel consumption.
U.S. News & World Report1y
EXPLAINER: What Is OPEC and What Does It Have to Do With Oil Prices?
In 1960, frustrated by Western control over the world’s oil industry, five of the world’s top oil-producing nations created the Organization of the Petroleum Exporting Countries, or OPEC.
THE WEEK1y
What is OPEC and how does it affect oil prices?
OPEC, or the Organization of the Petroleum Exporting Countries, serves as an organizing body of the world's largest producers of oil. Its purpose, per its website, is to "coordinate and unify the ...
Wall Street Journal29d
OPEC Sticks to Oil-Demand View, Flags U.S. Trade Policy Risks
The Organization of the Petroleum Exporting Countries stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said U.S. President Trump’s trade policy ...
Morningstar29d
OPEC Sticks to Oil-Demand View, Flags U.S. Trade Policy Risks — Commodities Roundup
OPEC still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, with strong air travel and road mobility boosting transportation fuel consumption.