On Tuesday, the Organization of the Petroleum Exporting Countries cut its global oil demand growth forecast to 1.82 million bpd in 2024, down from 1.93 million bpd forecast last month, on weak demand ...

OPEC lowered its forecast for global oil demand growth for 2024 and 2025 on Tuesday, highlighting weakness in China, India and other regions, making the producer group’s fourth consecutive downward ...

Asian stocks hit two-month lows on Wednesday as investors fretted about the impact of U.S. President-elect Trump's proposed tariffs ...

OPEC+ reduced its oil production by 283,000 barrels per day in October, causing the alliance’s supply to fall short of its ...

ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.

OPEC lowered its global oil demand growth outlook for 2024 and 2025 for the fourth consecutive month, citing a decline in ...

OPEC cut its forecast for global oil demand growth this year and next on Tuesday, highlighting weakness in China, India and ...

Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of ...