OPEC+

OPEC maintains forecast for 2.25 million bpd global oil demand growth in 2024, 1.85 million bpd in 2025

The organization forecasted 2.3 million bpd rise in world oil demand in the second half of 2024

Oil prices edge higher on declining U.S. inventories; investors await Fed announcement and inflation data

Brent crude futures for August delivery gained 0.2 percent to $82.09 per barrel

Oil prices dip ahead of key Fed meeting, U.S. inflation data release

Brent crude futures fell 11 cents, or 0.13 percent, to $81.52 per barrel

Oil prices stabilize as traders await OPEC meeting, Fed cues

Brent crude oil futures for August delivery rose 0.2 percent to $79.77 per barrel

Oil prices set for third weekly decline on prospects of OPEC+ easing output cuts

Recent interest rate cuts in eurozone, Canada would support crude demand

OPEC oil output rises in May, reaching 26.63 million barrels per day

This represents an increase of 145,000 bpd from April

Oil prices drop to 4-month low amid outsized increase in U.S. inventories

Brent crude futures for August delivery fell 0.1 percent to $77.44 a barrel

Oil prices tumble to 4-month low amid demand concerns, OPEC production outlook

Brent oil futures for August delivery fell 0.4 percent to $78.05 per barrel

Oil prices rise as OPEC+ maintains cuts, but demand concerns linger

Brent oil futures expiring in August gained 0.3 percent to $81.33 per barrel

OPEC+ extends voluntary production cut of 2.2 million barrels of crude oil a day into 2025

This extension builds upon previously agreed reductions of 3.66 million barrels per day announced in 2022 and 2023

Oil prices extend losses as U.S. product stockpiles grow, China activity slows

Brent oil futures expiring in July dropped 0.3 percent to $81.61 per barrel

GCC economic growth to rebound to 2.8 percent in 2024, 4.7 percent in 2025: World Bank

Oil production remains crucial in shaping the GCC region's fiscal and external balances