September 27, 2016. Oil prices rose modestly ahead of a meeting of producers from the Organization of the Petroleum Exporting Countries (OPEC) cartel and Russia in Algeria on September 28 that ...

For the second consecutive month, OPEC slightly cut its forecast for 2024 global crude oil demand in its September Oil Market Report published Tuesday. The cartel had held firm to its initial 2024 ...

OPEC on Tuesday cut its forecast for global oil demand growth in 2024, reflecting data received so far this year and also trimmed its expectation for next year, marking the producer group’s ...

On September 14, 1960, the Organization of the Petroleum Exporting Countries (OPEC) was formed. The founding members were Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. At the time, the global oil ...

Investopedia / Julie Bang Crude oil futures slipped to multi-month lows Tuesday as OPEC cut its 2024 forecast, citing weakness in demand from China. Brent crude futures fell more than 4% Tuesday ...

The Organization of the Petroleum Exporting Countries slightly cut its forecast for oil-demand growth after delaying its planned output hikes last week in a bid to support sinking prices. The ...

At 14:30 ET (18:30 GMT), Brent... Energy - Higher Demand for OPEC Oil Oil prices settled lower yesterday as the market digested the US SPR release announcement, while the YoY US CPI print also ...

“Everybody would agree that non-OPEC supply is strong enough to create a surplus in the market. And holding back supply now to keep prices up encourages that, of course.” The math for crude ...

1540 ET – Oil futures set new lows for the year as weak Chinese import data and a slight reduction in OPEC’s demand outlook add to jitters in a market already inclined to sell. “Crude oil ...

OPEC Fund President Abdulhamid Alkhalifa said: "The OPEC Fund is ramping up its efforts with significant new financing approvals which underscore our commitment to transformative development.

MOSCOW, Sept 10 (Reuters) - Russia cut crude oil output in August by about 0.3% from July to 9.059 million barrels per day (bpd), the Organization of the Petroleum Exporting Countries (OPEC ...

REUTERS/Alexander Manzyuk/File Photo LONDON, Sept 10 (Reuters) – OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed ...