News

OPEC on Tuesday raised its forecast for global oil demand next year and trimmed its forecast for growth in supply from the ...
The forecast was lifted due to stronger economic activity amid the expectation for higher global growth estimates.
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 forecast a tighter global oil market than previously projected, citing accelerating demand growth and a slower expansion ...
OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...
Oil prices dipped on Tuesday as traders watched for a U.S. government short-term market outlook report following a bullish ...
WTI oil pulls back as traders react to OPEC report, which indicated that Saudi Arabia raised production by 170,000 bpd in ...
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.50 ...
Oil supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 630,000 ...
The Vienna-based cartel now expects global oil demand to grow by 1.38 million barrels a day in 2026, up from 1.28 million previously, driven by stronger economic activity across key regions. This year ...
OPEC maintained its forecast for global oil demand growth for 2025, while raising its estimate for next year, citing a strong ...
The company pre-announced second-quarter results, which were ahead of consensus, and also released new 2026 and 2027 Ebitda guidance. This was overshadowed by its 60 billion Danish kroner rights issue ...