OPEC's monthly report forecasts a steady global oil demand growth of 1.3 million bpd in 2025 and 2026, with variations across OECD and non-OECD regions. Transportation fuels are ex...
OPEC+ has agreed to increase oil production by 411,000 barrels per day in May, ending voluntary cuts, citing healthy market fundamentals. The decision could be adjusted based on fu...
Crude oil prices fell over 1.5% after the IEA revised its 2025 global oil demand forecast downward, citing trade tensions and U.S. tariff threats on EU alcohol exports. WTI and Bre...
Saudi Aramco's 2024 net income fell by 12% to $106.2 billion, with total revenue slightly down to $436.6 billion. Despite a challenging year, the company announced a 4.2% increase ...
Saudi Aramco's 2024 financials show a 12% net income drop to $106.2B, with a slight revenue decrease to $436.6B. Despite challenges, the company announced a 4.2% dividend increase,...
Saudi Aramco's 2024 financial results show a 12% decrease in net income to $106.2 billion, with total revenue slightly down to $436.6 billion. The company announced a 4.2% increase...
Crude oil prices fell on Tuesday as the IEA and OPEC cut their 2024 global oil demand growth forecasts, causing investor concerns. The market also awaited the Federal Reserve's mon...
