Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...

Crude oil prices fell Monday after the Organization of the Petroleum Exporting Countries (OPEC) reduced its oil demand outlook for 2024 and 2025 once again, citing data received so far this year.

Until August, OPEC had kept the forecast unchanged since it was first made in July 2023 ... mostly a slowdown in building and ...

No reason was given for the move, which comes ahead of the U.S. presidential election on Tuesday. In June, OPEC said 2.2 million barrels a day in voluntary cuts were extended until September but would ...

But if Harris wins, investors might be careful at first. She wants to add more rules ... used to it as investors think about ...

The Organization of the Petroleum Exporting Countries further trimmed its forecast for oil-demand growth, as it prepares to bring some barrels back into the market despite weaker global prices ...

OPEC and its allies aren’t likely to bring oil output back this year because producers are “making huge money” from refined products, according to Rystad Energy. “Our view is that they ...

Until August, OPEC had kept the forecast unchanged since it was first made in July 2023 ... mostly a slowdown in building and housing construction, and the substitution of liquefied natural gas (LNG) ...