The International Energy Agency on Wednesday raised its forecast for oil supply growth this year following a decision by the ...

OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...

The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.

OPEC on Tuesday signaled a tighter oil market ahead, keeping its 2025 global oil demand growth forecast unchanged at 1.3 billion barrels per day. The update included minor ...

OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...

A Chevron-chartered tanker docked at Venezuelan state company PDVSA's Jose terminal on Tuesday, positioning it to be the ...

Nigeria’s crude oil output, excluding condensates, has risen by 11 per cent year-on-year to 1.559 million barrels per day ...

Opec forecast a tighter global oil market than previously projected, citing accelerating demand growth and a slower expansion ...

OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...

Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...

OPEC now expects the global oil market to be tighter in 2026 than previously forecast, projecting stronger demand growth and slower rival supply expansion, Bloomberg writes.  The cartel raised its ...

LONDON: The Organisation of the Petroleum Exporting Countries (OPEC) on Tuesday raised its global oil demand forecast for ...