By Alex Lawler LONDON (Reuters) -World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report showed on Monday, marking a change from ...

OPEC's demand forecasts are at the higher end of industry estimates, as it expects a slower energy transition than other ...

Vienna: The Organization of the Petroleum Exporting Countries (OPEC) on Monday maintained its relatively high forecast for ...

Oil prices steadied on Wednesday after two days of declines as investors weighed OPEC+ plans for a larger output hike next month and the outcome of a U.S. government shutdown that could impact ...

Bank of America on Wednesday said that if U.S.-China trade tensions intensify while OPEC+ production ramps up, Brent prices ...

World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said on Thursday, in a major shift for the producer group that reflects the lasting impact of the ...

Ever since OPEC started ramping up supplies in April, the group has drawn reassurance from one key oil indicator: the price ...

Enter Saudi Arabia, OPEC’s kingpin. But unleashing more oil onto global markets carries numerous risks for the kingdom. For a ...

OPEC continued to project a substantial supply deficit in global oil markets this year and next even as the group revives production, a view that clashes with the wider industry. The Organization of ...