OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

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 105 mln ...

The International Energy Agency (IEA) said on Thursday that economic headwinds combined with record sales of electric ...

World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA) said on Thursday, despite a ...

The slowdown in non-OPEC+ supply growth could help OPEC+ rebalance the market, according to the report. OPEC maintained its forecast for global oil demand growth in 2025 and 2026. The organization ...

The International Energy Agency (IEA) has left its forecast for the increase in global Oil demand virtually unchanged. It ...

Iran nuclear deal is struck, Tehran wields approximately 300,000-400,000 b/d of spare capacity, suggesting that any ...

The U.S. Energy Information Administration cut its average Brent oil spot price forecast for 2025 and 2026 in its latest ...

A report released by OPEC the day before showed that it expects global oil demand to increase by 1.3 million bpd in 2025. OPEC began gradually increasing production in April, and combined with Trump's ...

In absolute terms, global oil demand is expected to reach 105 mln bpd in 2025 and 106.28 mln bpd in 2026. At the same time, OPEC has revised downward its forecast for oil supply growth from non ...