Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...

OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting ...

Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...

OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on OPEC's demand ...

Oil prices steadied on Tuesday, recovering from a 5% drop over the previous two sessions, as investors absorbed OPEC's latest ...

OPEC lowered its global oil demand growth forecast for 2024 and 2025 for the fourth month in a row, citing weaker demand in ...

OPEC's oil production increased in October due to Libya's return to full capacity, offsetting declines from other members.

If the heavyweight Saudi Arabia is no longer willing to give up market share in favour of higher prices, and the cartel ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, the IEA said, ...

Since July, OPEC has cut its demand growth forecasts by nearly 20%, mirroring a notable decline in crude oil prices.