The world oil market faces an even bigger surplus next year of as much as 4 million barrels per day as OPEC+ producers and ...
OPEC’s latest Monthly Oil Market Report offered a steady and confident tone, keeping its global demand growth forecasts ...
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Petrobras Resumes Output From Tupi, Boosting Oil Capacity
Petrobras PBR, Brazil’s state-controlled integrated oil and gas company, has reportedly resumed operations at its Cidade de Angra dos Reis floating production storage and offloading unit (“FPSO”), ...
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Commodities Buzz: OPEC says Global crude oil demand to grow at 1.3 million barrels per day in 2025
OPEC stated in a latest monthly update for October that the global oil demand growth forecast for 2025 remains at around 1.3 mb/d, y-o-y, unchanged from last month's assessment. In the OECD, oil ...
The Organization of the Petroleum Exporting Countries pointed to high debt levels in key economies and tariff uncertainty as ...
The Organisation of the Petroleum Exporting Countries has retained its global oil demand and supply forecasts for 2025, ...
Brazil’s Petrobras has restarted production at its flagship Tupi offshore oilfield, restoring one of the country’s most ...
Global oil demand will grow by 1.3 million barrels a day this year and by 1.4 million in 2026, the same as previously ...
OPEC has also maintained its forecast for oil supply growth from non-OPEC+ countries in 2026 at 0.6 mln barrels per day (bpd), according to the organization’s September report. In 2025, liquid ...
World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report ...
National missions on rare earths and critical minerals are also needed to avoid being at the mercy of an OPEC-like cartel ...
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