OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...

The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...

OPEC nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a ...

TOKYO (Reuters) - U.S. crude futures declined more than $1 in early trade on Thursday after an unexpected build in U.S. crude ...

Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...

Oil prices have begun rebounding amid signs of easing U.S.-China tensions and a surprise dip in U.S. inflation.

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...