oil supply

Oil demand growth slows to 1.6 mb/d, non-OPEC+ set to boost output by 1.6 mb/d in 2024: IEA

The IEA’s report underscores the shifting dynamics in the global oil market, highlighting the signif...

auto | 6 months ago

Oil prices stable as markets believe major stakeholders don't want hostilities to escalate: Hardeep Singh Puri

The members of the Organization of Petroleum Exporting Countries (OPEC) and their allies supply much...

auto | 5 months ago

What is OPEC+ and how does it affect oil prices?

OPEC formed the so-called OPEC+ coalition with 10 of the world's leading non-OPEC oil exporters, inc...

auto | 4 months ago

What is OPEC+ and how does it affect oil prices?

OPEC formed the so-called OPEC+ coalition with 10 of the world's leading non-OPEC oil exporters, inc...

auto | 4 months ago

Oil rises on risk of broadening Middle East conflict

U.S. oil stocks have declined for five consecutive weeks, the longest such streak since January 2021...

auto | 2 months ago

Oil surplus looms if OPEC+ hikes supply, IEA data show

With crude prices too low for many OPEC+ members to cover government spending, traders and analysts ...

auto | 2 months ago

Oil pares gains after strongest weekly rise in over a year

Oil pares gains after strongest weekly rise in over a year.Oil prices pared gains in early trade on ...

auto | 2 weeks ago