News

Energy Aspects' Founder and Director of Research, Amrita Sen joins CNBC's Dan Murphy at the OPEC International Seminar in ...
Oil market analysts said the UAE’s message is clear: supply increases are not a sign of surplus but a necessary response to ...
Oil prices drop over 2% as investors react to Trump's tariffs and their implications for global economic growth.
World demand will average 105 million barrels per day this year, OPEC said in its 2025 World Oil Outlook published on ...
OPEC+ appears to be prioritizing market share over high prices, potentially targeting U.S. shale by testing how producers respond to lower price environments.
Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...
Opec and its partners have pressured crude prices lower in recent months with their surprise move to open the taps after ...
Nigerian National Petroleum Company Chief Executive Officer Bayo Bashir Ojulari says OPEC+'s decision to accelerate the ...
Bloomberg reported that some forecasts from major firms including Goldman Sachs and Citi see Brent prices falling to US$60–65 ...
However, tensions de-escalated in the Middle East much quicker than expected, and the ceasefire between Israel and Iran ...
Key members of OPEC+ alliance, including Russia, have so far announced the restoration of 1.78 million barrels a day of supply that they’d voluntarily held back.
Oil demand had recovered from the COVID-19 pandemic, resulting in a more predictable outlook, organization says ...