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President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil ...
The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after a surprise ...
OPEC’s cautious tone isn’t just based on oil-specific fundamentals. The group’s Monthly Oil Market Report also trimmed its global economic growth outlook for 2025 to 3.0%, from 3.1% ...
OPEC now sees global demand growing by 1.3 million barrels a day, or mbd, in 2025 and by 1.28 mbd in 2026. In March, the cartel had forecast growth of 1.45 mbd this year and 1.43 mbd in 2026.
India's oil imports saw a significant shift in fiscal year 2024-25, with OPEC's share hitting a record low as Russian oil ...
Source: OPEC Since the very first OPEC+ agreement in ... In practice, OPEC+ hasn’t achieved full conformity with the production cuts as producers such as Iraq, Kazakhstan, and Russia have ...
OPEC Output Hikes, Trade Wars Have US Oil Producers ... If it settles around $50 for a while, I wouldn't be surprised to see the count drop by 50%," said Cam Hewell, president and CEO of Premium ...
"They've definitely opened the door for the OPEC countries to gain market share ... If it settles around $50 for a while, I wouldn't be surprised to see the count drop by 50%," said Cam Hewell ...
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