The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s trade policy is injecting a dose of uncertainty into markets.

OIL companies on Tuesday lowered the prices of gasoline and diesel by 10 centavos per liter and kerosene by 30 centavos.

290,000 barrels per day more than a year earlier. At the same time, in 2026, according to OPEC’s forecast, oil and condensate production in the U.S. would grow by 170,000 barrels per day in ...

OPEC warned that President Donald Trump ’s trade policies risk stoking volatility in global markets.

Tough U.S. sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by the most in years. Image by saicle via iStock Tough US sanctions on ...

WHEN Dangote Refinery and the NNPC announced that they reduced petrol prices in the spirit of Christmas in December, this ...

US CPI looms large The week’s... Oil prices retain strength despite OPEC cutting demand forecasts ... finished last week strongly, rallying by more than 2.2% on Friday. This move higher came ...

SINGAPORE, Feb 12 (Reuters) - The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of buyers, leaving fewer tankers available ...

The Organization of the Petroleum Exporting Countries stuck to its oil-demand forecast ... and therefore generate more volatility," the Vienna-based cartel said. OPEC still expects demand to ...