The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...
The Organization of the Petroleum Exporting Countries stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said U.S. President Trump’s trade policy ...
It is a wave of the white flag by OPEC, and likely a strategy shift that will last for years. And it's hard to see anything but upside from this move for America's shale oil industry.
OPEC still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, with strong air travel and road mobility boosting transportation fuel consumption.
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MT Newswires on MSNOPEC Maintains Oil Demand Growth Outlooks, Flags Tariff UncertaintyThe Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging uncertainty from the impact of potential tariffs. The ...
OPEC still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, with strong air travel and road mobility boosting transportation fuel consumption.
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