World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

Global appetite for oil is set to keep climbing over the next two years, according to OPEC’s August oil market report, which ...

U.S. shale producers are cutting rigs, slashing budgets, and pulling back hard as cheap oil from OPEC pushes prices deep ...

"However, OPEC's demand forecast is very optimistic, with expected increases of 1.3 million and 1.4 million barrels per day ...

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

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

Geopolitical tensions, such as U.S. pressure on countries like India to stop buying Russian oil, could lead to further ...

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

By Wendell Roelf CAPE TOWN, August 14 (Reuters) -Optimistic over Angola’s untapped gas potential, Azule Energy is considering ...

Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...

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

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 ...