An improved economic outlook and lower crude prices drove the decision, but the agency warned that supply is still expected ...

ADNOC CEO Sultan Al Jaber says global oil demand will remain above 100 million bpd through 2040, warning that underinvestment across all energy sources poses the biggest risk as AI, emerging markets, ...

Oil glut fears are easing as demand surprises to the upside, with the International Energy Agency revising forecasts after stronger consumption and weaker-than-expected supply growth.

Crude oil tests 200-day moving average as Kazakhstan production resumes and U.S. weather disrupts supply. Inventory drawdowns ...

Fears of a trade war escalated after President Donald Trump said he would impose tariffs on European nations that oppose his ...

The International Energy Agency has raised its 2026 global oil demand growth forecast to 930,000 barrels per day, citing ...

Jan 12 (Reuters) - Oil prices are likely to drift lower this year as a wave of supply creates a market surplus, although geopolitical risks tied to Russia, Venezuela and Iran will continue to drive ...

By Anushree Mukherjee and Enes Tunagur BENGALURU/LONDON Jan 27 (Reuters) - U.S. demand for imported fuel oil is set to fall ...

OPEC and its allies, together known as OPEC+, have been gradually increasing their oil output quotas since April. With U.S. crude-oil prices hovering below the often critical $60 threshold, you might ...

Oil prices surge ahead of the OPEC+ meeting as a Kazakh outage, US weather, and US-Iran tensions disrupt global supply.

Global oil demand growth is expected to average 930,000 barrels per day (bpd) in 2026, up from 850,000 bpd in 2025, as ...

Discover how high prices and limited supply can lead to permanent demand reduction. Learn about demand destruction's impact ...