News

Supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 800,000 barrels ...
Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...
The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...
In the spot market, Chicago RBOB prices rose by around 4cts to $2.21/gal, which was the most expensive east of the Rockies, driven by active refiner buying after the latest EIA data showed a 1.5 ...
OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...
U.S. oil prices fell toward the Wednesday's lowest levels after the Energy Information Administration reported an increase of 4 million barrels in U.S. commercial crude-oil inventories for the week ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria retained its position as the largest crude oil ...
Arabian Gulf Business Insight on MSN4h
Opec expects slower 2025 oil supply growth from rivals
Opec expects 800,000 bpd outside the group Prices unsettled Exploration investment set to fall Opec on Wednesday trimmed its forecast for growth in oil supply from the United States and ...