OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
Oil prices fell on Friday as investors weighed signs demand in top crude importer China continues to underperform amid the ...
OPEC's oil production increased in October due to Libya's return to full capacity, offsetting declines from other members.
Oil prices fell on Friday on signs demand in China, the world's biggest crude importer, continues to underperform amid its ...
OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...
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Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...
Saudi Arabia and allied oil producing countries say they will postpone ... which comes ahead of the U.S. presidential election on Tuesday. In June, OPEC said 2.2 million barrels a day in voluntary ...
Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil output until the end of the year, extending their output cuts by one month.
Oil prices gained more than 2% after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid widespread concerns over weaker global demand and lower prices.