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 ...

World oil production increased by 406 kb/d in July to 81,591 kb/d. For December 2025, production is expected to be 84,634 kb/d. July’s Big 3 oil production increased by 250 kb/d to 32,164 kb/d.

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 ...

OPEC+ plans to increase production by ... Last week, Light Crude Oil futures settled at $67.67, down $5.88 or -7.99%. Concerns over weakening demand in China, the world’s largest oil importer ...

said world oil demand would rise by 1.82 million barrels per day (bpd) in 2024, down from growth of 1.93 million bpd forecast ...

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.

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 ...