Saudi Arabia's energy minister met his counterparts from the United Arab Emirates (UAE), Iraq and Libya on Monday following U.S. President Donald Trump's call for lower oil prices and ahead of a meeting next week of OPEC+ oil-producing countries.
OPEC expected growth in 2025 is unchanged from last month’s report and the 2026 estimate for World liquids growth is the same as the 2025 estimate at 1.4 Mb/d, this month is the first estimate for 2026 demand growth and non-DOC supply growth.
Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' Bart Melek discusses why prices are likely to climb despite this.
Oil edged lower as traders weighed the possible fallout from President Donald Trump’s planned tariffs on major US crude supplier Canada and other countries and reports OPEC will evaluate potential changes to America’s energy policy.
Oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in his first week in office.
Advancing partnerships: A co-financing agreement with the World Bank Group; MoUs with IFAD, FONPLATA; Country Framework Agreements with Uzbekistan, Kazakhstan, Turkmenistan
"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald Trump said.
Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum.
Oil prices experienced minimal fluctuations on Thursday amidst a backdrop of market uncertainty. Investors were apprehensive about the potential impact of tariffs threatened by US President Donald Trump on Mexico and Canada,
Oil prices edged lower as U.S. tariff threats continued to dominate market sentiment after the White House confirmed plans to impose tariffs on Canada and Mexico on Feb. 1. However, commerce secretary pick,
A new report co-authored by a former IEA executive accuses the agency of producing biased and "dangerously wrong" energy forecasts due to its focus on promoting the energy transition.