News
oil, IEA
OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...
according to the May report released by OPEC. Thus, the forecast for demand growth remains unchanged from the previous projection. In absolute terms, global oil demand is expected to reach ...
Global oil demand will rise more slowly for the remainder of 2025 due to economic headwinds combined with record sales of ...
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
The U.S. Energy Information Administration cut its average Brent oil spot price forecast for 2025 and 2026 in its latest ...
The International Energy Agency (IEA) said on Thursday that economic headwinds combined with record sales of electric ...
Crude oil stalls below the 50-day MA at $63.20 as OPEC+ supply plans and Iran deal talks pressure prices. Traders eye key support at $59.13 for market direction.
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