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

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

Oil prices fell as investors weighed Trump’s China tariff extension and considered the planned meeting with Russia’s Vladimir Putin ...

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

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

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.50 ...

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 ...

Nigeria’s crude oil production averaged 1.507 million bpd in July 2025, exceeding its OPEC quota for the second straight ...

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 ...

OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...

HOUSTON] Oil prices dipped on Tuesday as traders awaited an inventory report from the US Energy Information Administration ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...