Oil prices edged up to a two-week high on Tuesday as positive U.S. economic news, lower U.S. oil production and rising demand ...

The moderation in prices comes after Trump issued formal notifications to several trading partners that significantly higher ...

Crude oil prices were set for a weekly decline today, following a report that OPEC+ was planning to add another 411,000 barrels daily to its output in July in an extension of its accelerated ...

In April, overall OPEC crude-oil production fell by 62,000 barrels a day to 26.71 million barrels a day. The total production of countries participating in the Declaration of Cooperation–or DoC ...

On May 3rd it and its allies (OPEC +), which supply 40% of the world’s crude oil, announced that they would crank up output by 411,000 barrels a day (b/d) in June—triple what analysts had ...

Under the decision, OPEC and allied producers raised their required production levels by about 960,000 b/d from March to June. The bank's analysts, however, said that with compensatory output cuts ...

OPEC Cuts Oil Demand Outlook Amid U.S. Tariff Hit -2- Provided by Dow Jones Apr 14, 2025 10:10am ...

0930 GMT – Growing concerns over demand are weighing on the oil market’s outlook amid OPEC+ supply dynamics and U.S. tariffs, ING analysts say. OPEC’s oil production increased by 240,000 ...

The US view on oil demand growth remains more bullish than Opec, with the Energy Information Administration (EIA) forecasting global output of 1.6 million bpd next year 2025, with 90% of growth ...

OPEC’s all 12 producers pumped 26.7 million barrels per day (bpd) of crude oil in June, up by 70,000 bpd compared to May, found the survey, which tracks supply to the market and is based on ...

LONDON/DUBAI, June 2 (Reuters) - OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest ...

OPEC issued a strongly worded defense of the oil-and-gas industry days before the start of the biggest ever climate talks, pushing back against the International Energy Agency and highlighting the ...