Members of the Organisation of the Petroleum Exporting Countries (OPEC)+ are expressing concern ... "OPEC+ concerned over potential US oil output surge under Trump" was originally created and ...

Consumers are likely to see higher prices on gasoline front-loaded in the first half of 2025 and then see a slowdown start to ...

By Alex Lawler LONDON (Reuters) -OPEC said on Tuesday that oil demand in 2022 faced challenges from Russia’s invasion of Ukraine and rising inflation as crude prices soar, increasing the ...

Crude oil futures turn higher as the market digests an OPEC report, a U.S. inflation reading and news of further Ukrainian drone strikes on Russian facilities. OPEC kept its 2024 demand-growth ...

oil embargo in the 1970s. When OPEC curtailed oil exports to the West, the price of energy exploded higher. Today, we have a mixture of both demand-pull and cost-push inflation. High demand and ...

IEA revises 2025 global oil demand outlook to 1.05 million barrels per day, citing economic recovery and lower fuel prices. OPEC projects higher growth.

28 Dec 2024 04:20:18 GMT OPEC predicts rising 2023-2024 oil demand; US inflation data suggests easing Fed rate hikes, while extended production cuts support oil prices. Oil prices are flat early ...

Following an unexpected announcement by OPEC+ producers to cut output, oil prices have surged. The global benchmark, Brent crude, had a 5.31% increase in cost, rising to $84.13 a barrel.

Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while U.S. crude oil stocks fell last week, market sources said, citing American Petroleum Institute figures.

Oil prices were edging higher amid escalating tensions in the Middle East and uncertainties surrounding the pace of interest-rate cuts ahead of key U.S. inflation data. Brent crude and WTI were ...

Members of the Organisation of the Petroleum Exporting Countries (OPEC)+ are expressing concern over a potential resurgence in US oil production ... energy prices and inflation adds another ...