An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate ...

OPEC now sees global demand growing by 1.3 million barrels a day, or mbd, in 2025 and by 1.28 mbd in 2026. In March, the cartel had forecast growth of 1.45 mbd this year and 1.43 mbd in 2026.

Oil prices rise more than 1% in afternoon trade despite OPEC cutting its oil-demand forecast for this year, citing the impact of U.S. tariffs. Brent and WTI are up 1.4% to $65.67 and $62.38 a ...

Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to boost output again in June despite slumping fuel prices. Benchmark U.S ...

Crude futures are headed for weekly declines after U.S. President Trump outlined plans to boost domestic production and said he would ask Saudi Arabia and OPEC to lower oil prices. Brent crude and ...