Jeff Currie, Carlyle chief strategy officer of energy pathways, joins CNBC's 'Squawk on the Street' to discuss outlooks on ...

OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply ...

U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...

The pressure on markets comes as Bloomberg News on Thursday reported that members of the OPEC+ group are considering another output hike in July. The group has already agreed to raise production by ...

VIENNA, 5th April, 2017 (WAM) -- The price of OPEC's basket of thirteen crudes stood at US$50.59 a barrel on Tuesday, compared with $50.68 the previous day, according to OPEC Secretariat calculations.

While the United States is still expected to drive supply growth, OPEC expects total oil output to rise by about 300,000 bpd this year. Last month, it forecast growth of 400,000 bpd. OPEC left its ...

OPEC revised its World liquids demand estimate lower by 100 kb/d in 2024 compared to last month. The OPEC Monthly Oil Market Report (MOMR) for May 2025 was published recently. The last month ...

OPEC’s Secretary General Haitham Al-Ghais said that the organization's outlook for the global oil market remains positive overall, despite recent econ ...

Awadhi, Director-General of the Fujairah Free Zone Authority, has briefed Mohammad Barkindo, Secretary-General of the Organisation of the Petroleum Exporting Count ...