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 forecast for global oil demand next year and trimmed its forecast 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 forecast a tighter global oil market than previously projected, citing accelerating demand growth and a slower expansion ...

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

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 ...

OPEC revealed in its monthly report, issued Tuesday, changes in its crude oil prices during June and July 2025, which rose ...

OPEC maintained its forecast for global oil demand growth for 2025, while raising its estimate for next year, citing a strong ...

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

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

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