OPEC expected growth in 2025 is unchanged from last month’s report and the 2026 estimate for World liquids growth is the same ...

Record-breaking U.S. oil production will lead the non-OPEC supply growth this year, all analysts and estimates concur. Second in terms of production growth among non-OPEC nations outside the deal ...

This chart also projects World C + C production out to December 2025 ... of meeting the increasing World oil demand for next year while OPEC withholds its oil from the market.

The mere announcement of production cuts by OPEC sent the price of crude oil -- the world's most commonly traded commodity -- up over 15% within a week. Two years ago the opposite happened when ...

The Saudis self-reported March crude oil production of 10.300 million bpd, OPEC said in the report. UAE raised its production by 23,000 bpd to 2.983 million bpd, per OPEC’s secondary sources ...

(Bloomberg) -- OPEC forecast another ... to revive halted production, ultimately restoring roughly 2 million of barrels a day over the course of the next two years. However, the cartel’s bullish ...

Oil Prices Fall After Four Weeks of Gains as U.S. Boosts Domestic Supply. Will Trump’s policies hurt crude oil’s recovery?

This dynamic has led many economists to describe OPEC as a cartel – a group of entities that agree to fix prices, limit production or ... Conference to serve two-year terms.

U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions — at least temporarily — after ...