Global oil supply will exceed demand in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said ...

Both U.S. and global oil production are set to rise to slightly larger record highs this year than prior forecasts, the U.S.

The International Energy Agency raised its forecast for this year’s oil-demand growth but slightly trimmed next year’s ...

OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting ...

Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...

OPEC's reduced demand forecast may impact its production cut decisions and ... the cartel said in its closely-watched Monthly Oil Market Report. Total world oil demand is anticipated to reach ...

China's crude imports are on track to rebound in November to the highest in three months, but the increasing appetite of the ...

OPEC cut its oil demand growth forecasts ... Vienna-based secretariat’s forecasts. Led by Saudi Arabia, OPEC and its allies have twice delayed the restart of production halted since 2022.

LONDON, (Reuters) – Global oil supply ... than the rate of demand growth. Next year’s surplus, as forecast by the IEA, could make it harder for OPEC+ to bring back production.

NEW YORK: Both United States and global oil production ... forecast of 102.5 million bpd. For next year, it expects world output of 104.7 million bpd, up from 104.5 million bpd previously. Oil ...