OPEC slashes global oil demand growth forecast

OPEC on Thursday, cut its forecast of global demand growth for oil next year for a…

Non-fundamental factors impacting oil market- Barkindo

OPEC Secretary-General, Mohammad Barkindo, has said that there are many non-fundamental factors influencing the oil market…

Iran sanctions: Oil rises to four-year high

Crude oil on Wednesday traded above $85 a barrel and neared a four-year high, supported by…

OPEC must lower oil prices, says Trump

President Donald Trump on Thursday urged the Organization of the Petroleum Exporting Countries (OPEC), to lower…

OPEC slashes 2019 oil demand growth forecast

Organization of the Petroleum Exporting Countries (OPEC) on Wednesday further trimmed its forecast for 2019 global…

OPEC, non-OPEC panel to discuss output hike

An OPEC and non-OPEC technical committee will next week discuss proposals for sharing out an oil-output…

OPEC predicts 100m bpd oil demand

OPEC Secretary-General, Mohammad Barkindo, said on Wednesday that world oil consumption would hit 100 million barrels…

OPEC, non-OPEC producers to formalize cooperation

OPEC and non-OPEC oil producers will seek to formalize their long-term cooperation later this year by…

Crude oil producers slashed July output by 9%

An OPEC and non-OPEC monitoring committee has discovered that oil producers participating in a supply-reduction agreement…

Oil dips over U.S.-China trade concerns

Crude oil prices on Monday fell on concerns the U.S.-China trade dispute will erode global economic…

Oil prices fall as oversupply concerns rise

Crude Oil prices on Tuesday fell, with Brent futures set for their biggest monthly loss in…

OPEC seeks stable oil prices – President

The Organization of the Petroleum Exporting Countries (OPEC) President, Suhail al-Mazrouei, on Wednesday, said that volatility…