VIENNA – Opec has cut its global oil demand forecasts for the next four years as Chinese growth slows , even as it lifted its ...

Saudi Arabia, the United Arab Emirates, and Kuwait—lined up on Wednesday to say that the super-sized addition of supply by the producer club at the weekend was needed by the global market. Oil prices ...

However, tensions de-escalated in the Middle East much quicker than expected, and the ceasefire between Israel and Iran ...

Oil prices were swinging between gains and losses but remained modestly higher for the week, supported by a weaker dollar as Trump's new tariff rates weighed on sentiment. The Organization of the ...

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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 is expected to hold nearly 30% of the energy mix, while combined with gas it will stay above 50% through the period. "Oil underpins the global economy and is central to our daily lives," OPEC said ...

The market is expected to tighten into Q3 and early Q4, with non-Opec+ (non-DOC) production growth slowing. While not calling a peak, Mr Al Ghais said the slowdown is visible, and hinted at further ...

Herman Wang, Chief Editor, EMEA & APAC Oil News at Platts joins CNBC's Dan Murphy at the OPEC International Seminar in Vienna to discuss recent production hikes within the alliance, and the outlook ...

Investors are weighing the potential impact of U.S. President Donald Trump’s tariffs on global economic growth, a move which steadied oil prices on Thursday. Brent crude futures were up 4 cents at $70 ...

Crude oil prices declined today, retreating from recent two-week highs as market participants grapple with ongoing trade uncertainties and rising U.S. stockpiles. The market's cautious tone reflects ...

OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...