LONDON, Feb 12 (Reuters) - OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption and potential ...

OPEC has downgraded the forecast for the U.S. oil and condensate production in 2025 by 50,000 barrels per day. Now it expects an increase of 240,000 barrels per day to 13.47 million barrels per ...

OPEC’s biggest rise, of 90,000 bpd, came from the UAE, the survey found. A source said partial field maintenance continued in January, having started in December. While the survey indicates the ...

Iran Calls for OPEC to Unite Against Potential US Oil Sanctions By Elwely Elwelly DUBAI (Reuters) - Iran's President Masoud Pezeshkian urged OPEC members to unite against possible U.S. sanctions ...

NEW DELHI, Jan 17 (Reuters) - OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier Russia's share remained steady, data obtained ...

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 ...

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 ...

Oil prices muted as strong dollar weighs; OPEC+ meeting awaited By Investing.com - Dec 03, 2024 Investing.com-- Oil prices rose on Tuesday amid pressure from a strong dollar as traders awaited ...

Mubasher: The International Energy Agency (IEA) and OPEC have released their January oil market reports, outlining their views on oil demand for 2025, according to a detailed Emirates NBD Research ...

The alliance of OPEC and a dozen non-OPEC producers led by Russia will closely watch several major factors for global oil markets this year. These include whether China’s oil demand will rebound ...

Some of that extra cash would go to Saudi Arabia, some to Nigeria, some to the nine other OPEC members, and some to Scott Sheffield. Sheffield faces the possibility of criminal charges ...

Output during 2024 was running at its highest level since 2018, based on OPEC data. Trump had driven Iran's oil exports to near-zero during part of his first term after re-imposing sanctions.