Oil prices in 2025 were expected to remain in the seventies range but fell below expectations. OPEC's decision to unwind ...

By Alex Lawler LONDON, Feb 11 (Reuters) - OPEC on Wednesday forecast world oil demand from the OPEC+ group will drop by ...

The IEA forecasts a massive surplus in the oil market while Opec predicts 1.4 million barrels a day of demand expansion ...

Oil demand is projected to rise by 1.34 million barrels a day next year supported by easing inflation, fiscal measures and ...

The Organisation of Petroleum Exporting Countries (OPEC) is leaning towards a resumption in oil output increases from April, ...

The U.S. Energy Information Administration quietly rewrote a key assumption about the global oil market this week: OPEC can produce more oil than previously thought. In its December Short-Term Energy ...

From “A Barrel of Oil or a Bottle of Wine: How Do Global Growth Dynamics Affect Commodity Prices?” That’s provoked a reaction over at the Wall Street Journal: “The working paper buries the long-held ...

Control of Venezuelan oil is shifting 'from boardrooms to governments' "What has changed recently is not the amount of oil in the ground, but who decides when it moves and where it goes," says Stephen ...

The oil price decline since June is no doubt big and consequential. And U.S. shale is indeed a major new force on the energy scene. But there is nothing particularly unusual about how OPEC acted last ...

The focus of this post is an overview of world oil production along with a more detailed review of the top 11 non-OPEC ...