The International Monetary Fund (IMF) has adjusted its 2025 GDP growth projection for Saudi Arabia to 3.3%, attributing the revision primarily to the extension of oil production cuts by OPEC+ members.
NYMEX RBOB gasoline futures for April 2025 delivery reached a $2.0049 per gallon wholesale low on September 10, 2024.
Jeff Brown, President of FGE, discusses the uncertainties in the global oil market, emphasizing Trump's influence and ...
The Organization of the Petroleum Exporting Countries (OPEC) has revised its 2025 forecast for U.S. oil and condensate ...
World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...
Oil prices retreated in early European trade following reports of a large U.S. crude stockpiles build.
The EIA expects Brent crude prices to average about $74 in 2025 before dropping to $66 in 2026, as production gradually increases and global demand remains weak. OPEC+ production cuts will lower ...
Crude oil prices are a major influence on the global economy, and they directly affect energy markets and investor ...
THE evolving focus of oil producers on India, its strengthening ties with non-OPEC producers, the future of refining and the ...
We make a start with the situation of the US oil market. On Friday, the release of the US Baker Hughes total rig count, ...
Enforcement of the U.S. sanctions on Iran will come down to how much the Trump administration is willing to pressure Iran's oil buyers, said StoneX's Hodes. Oil prices may rise if there are some ...
Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...