World oil production increased by 406 kb/d in July to 81,591 kb/d. For December 2025, production is expected to be 84,634 ...

However, revised projections from OPEC reflect a slowdown in oil demand growth, particularly due to economic uncertainty in ...

Referencing our balance sheet on the upper right hand chart, we have nearly ... which has yet to be factored into oil demand ...

OPEC lowered its global oil demand growth forecast for 2024 and 2025 for the fourth month in a row, citing weaker demand in ...

OPEC's oil production increased in October due to Libya's return to full capacity, offsetting declines from other members.

OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...

The monthly report from the IEA bears no change in the narrative for the 2025 outlook. The US Dollar Index rallies further after President-elect Trump secures a majority in both Senate and House.

Russian Production and Quota Compliance (tb/d) At present the market is in rough balance, but next year demand for OPEC oil will drop 1 mb/d according to the IEA’s projection. At present ...

Rising non-Opec production has added wave of new barrels on the market -- a trend that the strategist expect to persist as higher oil prices encourage more drilling. "Unsurprisingly, higher oil ...

Investing.com -- OPEC and its allies, or OPEC+, are facing unfavourable backdrop for the plans to boost production as a potential crude surplus in 2025 and cooling demand will likely continue to blunt ...