For the second consecutive month, OPEC slightly cut its forecast for 2024 global crude oil demand in its September Oil Market ...

OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also ...

OPEC slightly cut its forecast for oil-demand growth after delaying its planned output hikes last week in a bid to support ...

OPEC sees demand as healthy with strong demand for air travel and car transportation, along with industrial, construction and ...

Global oil demand will rise less than previously thought this year, led by weakness in China, the International Energy Agency ...

Oil prices fell over 3% on Tuesday, marking the lowest levels since December 2021. OPEC's monthly report indicates a reduced ...

Weaker-than-expected demand is set to tip the oil market into a surplus over the next five quarters, Macquarie said in a ...

Key Takeaways Crude oil futures slipped to multi-month lows Tuesday as OPEC cut its 2024 forecast, citing weakness in demand ...

Among the hardest hit were Diamondback Energy, APA Corporation, and ExxonMobil. with shares of each falling around 4% on ...

OPEC now expects demand to grow by about 2 million barrels per day in 2024, some 80,000 bpd slower than its previous forecast ...

OPEC said in a monthly report that world oil demand will rise by 2.03 million barrels per day in 2024, down from growth of ...

OPEC cut its projection for the global oil demand in 2024 based on data collected so far this season. It also lowered its expectations for next year.