There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...

The U.S. Energy Information Administration quietly rewrote a key assumption about the global oil market this week: OPEC can ...

Crude oil futures are rising Monday after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday extended their output cuts by one month.

The Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output ...

World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with ...

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

Discover the methods that companies use for forecasting oil prices, including calculus, econometrics, and market influences like OPEC and futures trading.

For now, Brazil’s rebound from November’s outages and OPEC’s steady outlook offer opposing snapshots of a market in flux, one ...

TotalEnergies CEO Patrick Pouyanné says oil prices are likely to recover next year as demand grows and OPEC manages supply, ...

OPEC+ faces a major oil oversupply in 2025, challenging production increases. The coalition has tried to boost oil prices by holding back output. Instead, members are ceding control to non-OPEC ...

Key Opec+ nations agreed to pause further output increases during the first quarter after rapidly ramping up production ...

Venezuela is likely to retain its seat in OPEC even if U.S. President Donald Trump successfully forces a change of government ...