OPEC switches to 'call on OPEC+' in global oil demand outlook, sources say
Demand for crude from the wider group is now more relevant, one of the sources said, because the DoC...
OPEC switches to 'call on OPEC+' in global oil demand outlook, sources say
Demand for crude from the wider group is now more relevant, one of the sources said, because the DoC...
Russian oil imports rise to nine-month high in April
Overall, India imported 4.8 million bpd of oil in April, a decline of 6.5% from the previous month a...
Oil set for weekly loss as markets worry about demand
The Brent crude July contract rose 74 cents to USD 81.85 a barrel as of 11:53 a.m. ET (1553 GMT). Th...
Goldman Sachs expects oil demand to keep growing until 2034
"We expect peak oil demand to occur by 2034 at 110 million bpd; subsequently, we project a moderate ...
OPEC+ discuss keeping voluntary oil cuts until year-end
The cuts include 3.66 million bpd by OPEC+ members valid through to the end of 2024, and the 2.2 mil...
Oil climbs on optimistic demand growth estimates for 2024
Elsewhere, Russia pledged to meet its output obligations under the OPEC+ pact after saying it exceed...
Sharp cut in windfall tax on crude petroleum, effective today
The organization expected in its recent assessment that oil demand in 2024 will stand at around 135,...
Oil prices slip for fifth session on demand worries
Concerns over how OPEC+ production would pan out in the fourth quarter if the cuts are lifted has ex...
Oil prices dip as weak demand offsets supply disruptions from Gulf storm
On Tuesday, markets will be watching for the monthly oil market report from the Organization of the ...
Oil steadies after sharp falls as Middle East uncertainty persists
The market will be looking out for U.S. crude and fuels inventory data due on Wednesday. Analysts po...
Oil inches up after surprise drop in US crude stockpiles
Crude stocks fell by 1.58 million barrels in the week ended Oct. 11, the sources said on condition o...