Oil prices declined on Thursday following an unexpected rise in US gasoline inventories, with Brent crude down 0.27…

The Organisation of the Petroleum Exporting Countries (OPEC) lowered its forecast for global oil demand growth in…

OPEC+ has revised its global oil demand growth forecast for 2024 downward by 106,000 barrels per day (bpd) to 1.9…

The Organization of the Petroleum Exporting Countries (OPEC+) has slightly revised its 2024 global oil demand…

The OPEC+ alliance has decided to temporarily halt its planned increase in oil production for two months. The…

China Petroleum & Chemical Corp (Sinopec) reported a 2.6 per cent increase in net profit for the first half of…

The US Energy Information Administration (EIA) has forecast that the Organisation of the Petroleum Exporting…

OPEC+ has revised its oil demand forecast for 2024, lowering it by 135 thousand barrels per day (tb/d) to 2.1…

OPEC+ global oil demand growth for 2024 remains stable at 2.2 mb/d, with expectations of a 1.8 mb/d increase in…

Kazakhstan has announced that it will compensate for its oil output exceeding the OPEC+ quota in the first half of…