OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

Despite positive reports from OPEC and the IEA, as well as supportive US inventory draws and new geopolitical risks in the ...

Sanctions against Moscow are having an effect. Chinese imports of crude from Saudi Arabia, the UAE and Kuwait are rising as ...

World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with ...

Oil extends its decline on Thursday as oversupply from Russia, the U.S., and OPEC keeps rallies limited. Key EMA levels cap ...

Oil prices climbed on Thursday, with WTI oil ending the day with an increase of roughly 1%, trading at $59.70 a barrel. The ...

Crude oil prices fell by the most in a month Wednesday, pressured by mounting concerns of an oversupplied global market after OPEC said it now expects a balanced market in 2026, altering its earlier ...

West Texas Intermediate (WTI) futures on NYMEX trade 1.7% higher around $59.30 during the Asian trading session on Monday.

OPEC output dipped in November despite planned increases, as outages in Nigeria and Iraq limited production gains.

That was the question Macquarie strategists, including Walt Chancellor, asked in an oil and gas report sent to Rigzone by the Macquarie team on Monday. “As a long-term strategy, we think not,” the ...

NEW YORK - APRIL 15: Traders call out during activity in the crude oil options area on the floor of the New York Mercantile Exchange April 15, 2008 in New York City. Oil prices set a new record high ...