OPEC’s latest Monthly Oil Market Report offered a steady and confident tone, keeping its global demand growth forecasts ...

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 ...

World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report ...

The world oil market faces an even bigger surplus next year of as much as 4 million barrels per day as OPEC+ producers and ...

Brazil’s Petrobras has restarted production at its flagship Tupi offshore oilfield, restoring one of the country’s most ...

In its most recent Oil Market Monthly Report, the International Energy Agency (IEA) lowered its projections for oil demand ...

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 ...

The Organization of the Petroleum Exporting Countries pointed to high debt levels in key economies and tariff uncertainty as ...

The Organization of the Petroleum Exporting Countries wants to regain market share lost to U.S. shale producers, Brazil and Guyana.

Against this, demand growth is weakening. The IEA projects consumption to rise by barely 0.7 million barrels per day next ...

The Organisation of the Petroleum Exporting Countries has retained its global oil demand and supply forecasts for 2025, ...

Petrobras offers compelling value with a high ~13% dividend yield and significant production growth potential. See why PBR ...