News

Nigeria’s average daily crude oil production rose to 1.507 million barrels per day (bpd) in July 2025, surpassing the Organization ...
OPEC revealed in its monthly report, issued Tuesday, changes in its crude oil prices during June and July 2025, which rose ...
Trump Drives Markets These Days. Economic Data Take a Back Seat. U.S. markets remained focused on Tuesday’s July inflation ...
OPEC maintained its forecast for global oil demand growth for 2025, while raising its estimate for next year, citing a strong ...
Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...
Oil prices fell as investors weighed Trump’s China tariff extension and considered the planned meeting with Russia’s Vladimir Putin ...
The forecast for oil demand growth in 2025 was maintained at 1.3 mbd. In absolute terms, global oil demand could reach 105.14 mbd in 2025, and 106.52 mbd in 2026. The main increase in demand both this ...
Kazakhstan was the main "violator" of the agreements in July as its output was 439,000 bpd above its quota considering compensation ...
Oil prices were little changed on Tuesday after the United States and China extended a pause on higher tariffs and data ...
The forecast was lifted due to stronger economic activity amid the expectation for higher global growth estimates.
OPEC on Tuesday raised its forecast for global oil demand next year and trimmed its forecast for growth in supply from the ...
Here’s why: Oil demand pretty closely follows global economic growth. And the Trump administration’s tariffs are scrambling ...