The world oil market faces an even bigger surplus next year of as much as 4 million barrels per day as OPEC+ producers and ...
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”), ...
OPEC’s latest Monthly Oil Market Report offered a steady and confident tone, keeping its global demand growth forecasts unchanged for both 2025 and 2026. The cartel continues to expect demand to rise ...
Brazil’s Petrobras has restarted production at its flagship Tupi offshore oilfield, restoring one of the country’s most productive pre-salt assets ...
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 ...
June’s MoM production increased by 595 kb/d to 45,174 kb/d for these eleven Non-OPEC countries, while as a whole, the ...
The International Energy Agency projects a surplus of 3.3 million barrels a day by 2026, while OPEC’s own outlook implies a ...
Dow Jones Top Energy Headlines at 11 AM ET: Oil Futures Give Back Some Post-OPEC+ Gains | IEA ... Crude oil futures were returning some of Monday's gains made after OPEC+ said it would unwind another ...
OPEC+ oil-producing countries opted for only a modest rise to November output due to concerns about a potential global glut, ...
Oil prices held steady in Asian trading on Tuesday after a strong rally in the previous session, as investors evaluated the ...