LONDON, Dec 11 (Reuters) - World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with projections from the International Energy Agency ...

LONDON, Dec 11 (Reuters) - World ‌oil supply will match ‌demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with projections from the International ‍Energy ...

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 ...

OPEC has kept its global oil demand growth forecasts unchanged for 2025 and 2026, expecting continued robust economic growth to drive demand. The cartel anticipates global oil demand to reach an ...

The Organization of the Petroleum Exporting Countries left its oil-demand forecasts steady as it works to revive more production, but pointed to fiscal concerns and persistent trade uncertainties. The ...

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 ...

LONDON, Sept 4 (Reuters) - OPEC's oil output rose further in August after an OPEC+ agreement to raise production, a Reuters survey found on Thursday, mainly reflecting higher production by the United ...

Oil supply growth from non-OPEC producers will stall in early 2026, while demand remains robust, according to BP Plc Chief Executive Officer Murray Auchincloss. “Non-OPEC supply we largely see going ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand. By Stanley Reed Eight countries that belong to the oil cartel known as ...

The oil cartel OPEC will soon be old enough to retire, but will oil be phased out as the world embraces the green revolution? OPEC seminars are big events, with hundreds of attendees, and represent a ...

OPEC held its biennial seminar over July 9-10 in Vienna. Ministers representing OPEC countries, their allies and key consumers were joined by oil and gas CEOs, policymakers, analysts and members of ...