OPEC Lowers 2025 Oil Demand Forecast on Trade Tensions
?OPEC has revised its global oil demand growth forecast for 2025, citing escalating trade tensions and weaker-than-expected economic…
OPEC Cuts Oil Production in March, Ahead of Ramp Up Plans
The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned…
OPEC+ To Increase Oil Production in May: Report
OPEC+ is expected to agree on a plan that would see production for the group increase in May,…
Why OPEC+ is Supporting a Potentially Disastrous Rise in Oil Production
Oil prices have fallen fast since the 3 March announcement from OPEC+ that it will go ahead with…
Too Risky To Trade? Shorts and Longs Are Cutting Risk in Oil
On Tuesday, U.S. President Donald Trump threatened to double his planned tariffs on Canadian steel and aluminum from…
Big Oil Stocks Hammered After OPEC’s Move To Boost Output
Oil prices declined for the fourth consecutive day amid Trump’s tariff tantrum, U.S. crude oil stocks posting a…
OPEC+ Rethinking Oil Production Rampup After Trump Complications
OPEC+ is still weighing its Q2 oil production plans, according to eight OPEC+ sources who spoke to Reuters…
OPEC to Trump: We Set the Price, Not You
One of President Trump’s first orders of business following the initial burst of executive orders was to declare…
Angola’s Oil Sector Making A Comeback After OPEC Exit
In 2023, Angola officially announced that it was leaving OPEC amid a disagreement over oil production quotas, ending…
Why OPEC Is Unlikely To Bow To Pressure From Trump
A week ago, Trump laid out his energy policy agenda in his 23 January address to the World…