Oil prices fell on Wednesday amid a broader selloff in global financial markets that underscored concerns about economic and ...
Oil prices settled lower on Tuesday as weaker manufacturing numbers and a stronger dollar weighed on demand, while the OPEC+ ...
OPEC Secretary-General Haitham Al Ghais speaks exclusively to CNBC’s Dan Murphy at ADIPEC in Abu Dhabi. He discusses OPEC’s ...
OPEC's oil output rose further in October after an OPEC+ agreement to raise production, a Reuters survey found on Tuesday, though the scale of the increase slowed sharply from September and the summer ...
The International Energy Agency forecasts that global oil supply will increase by about 3 million bpd in 2025 to reach 106.1 million bpd, driven largely by the US, Brazil, Guyana and Canada ...
The oil market is bracing for a significant oversupply due to surging supply, subdued demand, and US sanctions on Russian ...
Even if the OPEC+8 group halts its planned production increases during the first quarter of 2026, the revised liquids balance ...
HSBC predicts OPEC+ will accelerate output increases in late 2026, despite a Q1 2026 pause, leading to a significant oil ...
The decision by OPEC+ to keep output targets steady came after Russia lobbied for the pause because it would struggle to ...
The average economic growth is expected to be 2.8% this year, 3.3% next year, and this compares to 2.4% in 2024: World Bank ...
Abdulsadek told Reuters in January that the country needed between $3 billion and $4 billion to reach an oil production rate ...
Oil prices settled lower on Tuesday as weaker manufacturing numbers and a stronger dollar weighed on demand, while the Opec+ decision to pause output hikes in the first quarter of next year could ...