News

Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...
OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...
U.S. shale oil output will flatten out if prices remain where they are now and will start to decline with prices in the $50s ...
Energy stocks are under pressure, but I see this as a setup for long-term opportunity in select names. Read why I'm bullish ...
OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...
The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...
Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...
The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...
Crude oil fell after four straight sessions of gains, as government data showed U.S. crude oil stockpiles rose unexpectedly ...
President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of ...
LONDON (Reuters) -OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed U.S. attempts to curb the ...
While the United States is still expected to drive supply growth, OPEC expects total oil output to rise by about 300,000 bpd this year. Last month, it forecast growth of 400,000 bpd. OPEC left its ...