OPEC sticks to 2025, 2026 global oil demand growth forecasts
OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption and potential trade tariffs were not expected to impact economic growth.
OPEC Sticks to Oil-Demand View, Flags U.S. Trade Policy Risks
The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s trade policy was injecting a dose of uncertainty into markets.
Opec warns that US trade policy risks stoking market volatility
ORGANIZATION of the Petroleum Exporting Countries (Opec) warned that President Donald Trump’s trade policies risk stoking volatility in global markets. Read more at The Business Times.
OPEC maintains oil demand forecasts for 2025, 2026
In its February monthly oil market report, OPEC projects a "healthy" increase in global oil demand, estimating growth of 1.45 million barrels per day (bpd) in 2025, followed by a rise of 1.43 million bpd in 2026, figures unchanged from last month's assessment.
OPEC Maintains Oil Demand Growth Outlooks, Flags Tariff Uncertainty
The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging uncertainty from the impact of potential tariffs. The cartel continues to expect world oil demand to grow by 1.
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OPEC Won’t Budge on Production Cuts
OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market ...
OPEC Heavyweights Boost Oil Prices as Sanctions Hit Russian Flow
Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...
October Non-OPEC And World Oil Production Rose
World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...
OPEC takes long-term view of global oil markets, aims for stability
Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...
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OPEC to Trump: We Set the Price, Not You
Trump was speaking at the World Economic Forum in Davos when he said he was surprised that OPEC producers hadn’t taken care ...
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Nigeria’s Oil Production Drops to 30,000bpd in January, Missing OPEC Quota
The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria's crude oil production declined, falling ...
Iran calls for OPEC to unite against potential US oil sanctions
Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...
OPEC Secretary General Stresses Oil's Vital Role in Global Economic Stability and Investment Needs
OPEC Secretary General highlights the necessity of oil for energy security and economic growth, advocating for a balanced ...
‘The Opec of nickel’: Indonesia’s control of a critical metal
What the country does with its newfound power will be crucial for everything from prices to the future of mining investments ...