OPEC Plus will extend its cuts until at least December. Demand has weakened, and other countries, including the United States ...

While Big Oil companies like Exxon and Chevron are invested in OPEC countries, tensions arise as state-controlled production ...

WASHINGTON — With oil prices at their lowest level of the year ... Under the announcement Thursday, OPEC members are now set ...

Rising oil production in the US, Guyana, and Brazil is challenging OPEC's ability to reverse its output cuts. The EIA forecasts that global oil supply will fall short of demand in the second half ...

OPEC production is covered in a separate post. Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to “oil”, for oil producing countries. The charts are ...

OPEC facing a pivotal decision on production increases. Outlook for U.S. inventories and Strategic Petroleum Reserve. Goldman Sachs said hedge funds have been dumping oil-consuming stocks to buy ...

U.S. and international crude oil futures skidded to their lowest levels in more than a year after the influential oil ...

OPEC+ recently delayed a plan to increase oil production after prices reached ... global economic growth extending into 2025. "OPEC cuts oil demand growth projections" was originally created ...

OPEC+ has agreed to delay a planned oil output increase for October and November, the producers group said on Thursday after ...

According to the Bureau of Safety and Environmental Enforcement (BSEE), energy companies have shut in close to 40% of oil and almost 50 percent of gas production ... cuts by the three OPEC members ...

OPEC and its partners from Central Asia and Russia earlier this month delayed a rollback in production cuts agreed in 2023 to stem the decline in oil prices. This means OPEC+ will produce 2.2 ...

The Organisation of the Petroleum Exporting Countries (OPEC)’s September oil report has seen the oil body push down its forecast for global oil demand growth, based on this year's data. This marks the ...