OPEC sticks to 2025, 2026 global oil demand growth forecasts
OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption and potential trade tariffs were not expected to impact economic growth.
OPEC Sticks to Oil-Demand View, Flags U.S. Trade Policy Risks
The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s trade policy was injecting a dose of uncertainty into markets.
OPEC Maintains Oil Demand Growth Outlooks, Flags Tariff Uncertainty
The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging uncertainty from the impact of potential tariffs. The cartel continues to expect world oil demand to grow by 1.
OPEC maintains oil demand forecasts for 2025, 2026
The Organization of the Petroleum Exporting Countries (OPEC) announced on Wednesday that it is maintaining its previous forecasts for global oil demand growth in 2025 and 2026.
OPEC takes long-term view of global oil markets, aims for stability
Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week conference on Tuesday.
OPEC downgrades 2025 forecast for US oil
OPEC has downgraded the forecast for the U.S. oil and condensate production in 2025 by 50,000 barrels per day.
October Non-OPEC And World Oil Production Rose
World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...
OPEC Heavyweights Boost Oil Prices as Sanctions Hit Russian Flow
Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...
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Nigeria’s Oil Production Drops to 30,000bpd in January, Missing OPEC Quota
The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria's crude oil production declined, falling ...
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OPEC Won’t Budge on Production Cuts
OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.
Opec drops US Energy Information Administration as data monitor
Opec will stop using the US Energy Information Administration (EIA) to independently monitor its members’ production levels, ...
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Al-Ghais: OPEC Assesses Market Independently of Political Considerations
OPEC Secretary-General Haitham Al-Ghais stressed that the organization’s decisions are guided by a long-term vision for global markets, aiming to achieve price stability. Speaking at the India Energy ...
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How Will OPEC Respond To Iran’s Call For Action Against U.S. Sanctions?
A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.