News

OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data ...
CVX, COP and EOG offer stability and upside, as OPEC's outlook signals slower growth but confirms oil's lasting role in the ...
Oil prices held steady early Wednesday as uncertainty over escalating U.S.-China trade tensions and their potential impact on ...
The Organization of the Petroleum Exporting Countries lowered its forecast for growth in global oil demand in 2025 for the ...
The US slashed its forecasts for global oil demand growth and domestic crude production as US President Donald Trump’s tariff moves puts a cloud over the economic outlook. Global oil demand is ...
Key oil indicators are signaling looser balances ahead, after OPEC and its allies shocked the market with a dramatic early ...
“The diverging picture between inventories and global demand may drive volatility in crude oil markets for some time,” Kenny Zhu of Global X says in a note. “This is keenly exhibited by the ...
In its Short Term Energy Outlook, the EIA said it expects global oil consumption to grow by 900,000 barrels a day in 2025, down from its previous estimate of 1.3 million barrels a day. For 2026, the ...
(Bloomberg) -- The plunge in oil prices over the past two ... more than a third from its demand-growth model. UBS Group AG, which at the start of the year forecast global demand would grow by ...
The US Energy Information Administration lowered its projections for global oil demand growth ... and Guyana will drive production growth over the forecast period. Overall, we forecast global ...
The Organisation of the Petroleum Exporting Countries on Monday slightly cut its forecast for oil demand growth, citing the ...