US oil prices slide to their lowest levels since 2021 as Ukraine peace hopes, rising supply, weak demand signals and ...
Silver's rise is fueled by monetary factors and industrial demand amidst supply shortages, contrasting with oil's decline due ...
Fitch projects Nigeria’s GDP growth to 4.3% in 2026, driven by stronger domestic demand and moderating inflation.
OPEC Secretary-General Haitham al Ghais criticized media coverage suggesting the group projected a 2026 oil surplus, insisting its forecast shows a balanced market. OPEC expects non-member supply to ...
LONDON (Reuters) -The world oil market will see a small surplus in 2026 after OPEC+ production increases and higher supply from other producers, an OPEC report showed on Wednesday, a further shift ...
'We ... expect OPEC to implement cuts to avoid a large increase in inventories in Q1-26', SEB Chief Commodities Analyst Bjarne Schieldrop said. Image by William ...
LONDON, Oct 13 (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 last ...
OPEC kept its outlook for the oil market unchanged as the group and its allies continue to add barrels to the global market. Global oil demand will grow by 1.3 million barrels a day this year and by 1 ...
The Organization of the Petroleum Exporting Countries and its allies agreed on a restrained oil output increase on par with earlier moves, a bet that the group can eke out more revenue without causing ...
Saudi Arabia, the de facto leader of the oil cartel, sees advantages in increasing output despite market risks. By Stanley Reed Reporting from London Eight members of the OPEC Plus oil producers group ...
OPEC’s crude production climbed last month as Saudi Arabia finished the revival of an initial tranche of halted supplies, according to a Bloomberg survey. The Organization of the Petroleum Exporting ...
For much of the year OPEC+, a select group of Russia-led oil producers and the Organization of the Petroleum Exporting Countries (OPEC) spearheaded by Saudi Arabia, has been upping its crude ...