Global demand is facing constraints because supply from the Persian Gulf has been effectively cut off by Iran's blockade of ...

Recently, a listener wrote in with a question about OPEC and oil prices. She was prepping for a camping trip… thinking about ...

It now forecasts global oil-demand growth of 1.17 million barrels a day this year, from 1.38 million previously.

OPEC production has fallen more than 30% since the Iran war began in late February, with Saudi Arabia pumping at its lowest ...

In its monthly report, OPEC forecast global oil-demand growth of 1.17 million b/d this year, down from 1.38 million in its previous estimate made in mid-April. Next year's growth is projected at 1.54 ...

Countries that are part of OPEC, the intergovernmental organization that oversees global oil markets, are cutting their ...

Saudi Arabia reported to OPEC that its crude oil production collapsed further last month to the lowest since 1990, as the ...

Oil production among OPEC members fell more than 30% since the beginning of the Iran war, the organization said.

Global oil demand growth in 2026 has been adjusted lower, reflecting weaker OECD consumption and a softer outlook in Asia.

LONDON (Reuters) -World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report showed on Monday, marking a change from last month's ...

OPEC on Wednesday lowered its forecast for global oil demand growth in 2026, joining other forecasters such as the ...