Oil was trading slightly lower ahead of an OPEC+ meeting on July 6 that is set to deliver another oversized production hike.

Here’s what Goldman Sachs is forecasting for the oil price in the year ahead. The post Buying Woodside shares? Here's the ...

The first half of the year saw significant oil price volatility influenced by U.S. trade policies, OPEC+ production decisions ...

(Reuters) -Barclays on Thursday said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10 to ...

Stock markets rose and the dollar held steady Thursday as strong jobs data showed the resilience of the US economy.

Stock markets and the dollar largely steadied Thursday before key US jobs data and as investors kept a close eye on President ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

The physical volume of oil exports by OPEC countries in 2024 decreased by 3.55% to 19.01 mln barrels per day. OPEC's share of global oil deliveries was 43.96% last year, which is slightly lower than ...

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Saudi Arabia, OPEC’s top oil producer, earned $179 billion in 2024, making up about a third of the group’s total revenue..

Explore the latest tensions in the Strait of Hormuz as Iran prepares for potential conflict amid regional developments.