OPEC stated on Monday that it expects the global economy to be resilient in the second part of this year despite trade ...

Crude futures extended losses after strikes between Israel and Iran over the weekend left oil production and export facilities unaffected.

Maritime sector faces renewed risks amid military tensions in the Middle East • Blockade fears at Strait of Hormuz could disrupt 20% of global oil trade • Freight costs, energy supply chains, and fuel ...

Under the latest agreement by OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies, Kazakhstan's quota for May rose to 1.486 million bpd from 1.473 million bpd in ...

The demand growth estimate stays unchanged against the prior forecast. In absolute terms, oil demand may total 105.13 barrels daily globally in 2025 and 106.42 mln barrels daily in 2026 ...

Non-DoC liquids supply (i.e. liquids supply from countries not participating in the DoC) is expected to expand by about 0.8 mb/d in 2025 to average 54.0 mb/d. Growth is set to be driven by the US, ...

Considering all voluntary cuts and compensation schedules planned for May, OPEC+ nations were to produce 35,781 mln barrels per day ...

Overall, UBS maintains that markets may be overpricing risk. “We see no reason to alter any of our views on this at the ...

LAUNCESTON, Australia, June 16 (Reuters) - It's often more important in times of heightened tensions in the Middle East to look more at what is not happening, rather than fixating on the dramatic ...

Key OPEC+ nations added less oil to the market last month than the headline figure of its output plan, as the cartel’s ...

Brent has averaged $79 over the past two years, Bloomberg data showed, but the latest conflict between Iran and Israel could ...

Crude has jumped by around 12% in past week amid Israel-Iran conflict and heightened fears of broader regional conflagration ...