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The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.
Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...
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Nigeria surpasses OPEC oil quota for second consecutive month
Nigeria's oil production exceeded 1.5 mbpd in July, surpassing its OPEC quota for the second consecutive month, solidifying ...
Opec forecast a tighter global oil market than previously projected, citing accelerating demand growth and a slower expansion ...
OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...
Oil prices fell today, Aug. 12, following a report from the Energy Information Administration predicting a decline in prices ...
Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...
LONDON: The Organisation of the Petroleum Exporting Countries (OPEC) on Tuesday raised its global oil demand forecast for ...
OPEC revealed in its monthly report, issued Tuesday, changes in its crude oil prices during June and July 2025, which rose ...
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