OPEC, Oil

OPEC Maintains Oil-Demand Growth Forecasts Amid Tariff Uncertainty
The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.
Trade War Erodes Oil Demand as OPEC+ Boosts Supply, IEA Says
Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said.
OPEC Sticks to Oil-Demand View Ahead of Output Hike
The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, bolstered by strong air travel demand and road mobility.
IEA sees global oil market surplus for 2025 as demand disappoints
Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, due to growth led by the United States and weaker than expected global demand.
Barclays Slashes Oil Price Forecast on 500,000 Bpd Demand Growth Cut
Barclays sees Brent Crude prices at $74 per barrel this year, down by $9 from its previous forecast, as it slashed its global demand growth estimate in mounting economic uncertainties.
Oil Demand Threatened by Trade War, Tariffs: IEA
You and the team write that macro conditions that underpin our oil demand projections deteriorated over the past month as trade tensions escalated. What is your estimation in just how harmful some of the tariffs,
IEA’s hard line on oil glut clashes with Opec forecast
The International Energy Agency (IEA) has said US tariffs will contribute to a decline in global oil demand growth this year, once again contrasting with Opec’s more optimistic forecast. In a monthly report published on Thursday the IEA forecast that oil demand would grow by 1 million barrels per day (bpd) in 2025,
Barclays cuts 2025 Brent oil price forecast on soft demand view
Barclays on Friday lowered its 2025 Brent oil price forecast by $9 per barrel to $74 per barrel, citing a softer demand ...
Oil News: Bearish Pressure Eases – Is a Short-Covering Rally on the Horizon?
Crude oil holds key support near $66.72, hinting at a short-covering rally, but WTI remains below key moving averages. Will ...
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EIA Reveals Latest Brent Oil Price Forecast for 2025 and 2026
The U.S. Energy Information Administration has revealed its latest Brent spot price forecast for 2025 and 2026 in its March ...
Oil prices end higher as a rise in gasoline demand helps ease economic growth fears
Oil futures rose Wednesday, finding support from a weaker U.S. dollar and data from the Energy Information Administration ...
Oil dips, pressured by tariff worry, supply-demand expectations
Oil prices slipped on Thursday as markets weighed macroeconomic concerns, including the risk that tariff wars between the U.S ...
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Russia Sees Global Oil Demand Rising in Summer Driving Season
Russia's Deputy Prime Minister Alexander Novak predicts an increase in global oil demand during the summer driving season, ...
Silver (XAG) Forecast: Safe-Haven Demand Fuels Gains, But Will Inflation Cap the Rally?
Silver rallied 4.42% on safe-haven demand and Fed cut hopes. CPI data this week could decide if silver keeps rising or ...