At the same time, OPEC has revised downward its forecast for oil supply growth from non-OPEC+ countries in 2025 and 2026 by 0.1 mln bpd, lowering it to 0.8 mln bpd. In absolute terms, supply from ...

As OPEC plans a major production increase, Trump touts falling fuel costs—but US oil producers warn of job cuts, rig ...

I rate Halliburton as a Hold with a $21 price target based on a 2025 adjusted EPS of $2.33, reflecting bearish oil price ...

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it’s a foregone conclusion ...

"The main increase in oil supplies after 2030 will be due to OPEC+ countries, including Russia. While India will be the main driver of oil consumption growth as its demand, as per OPEC, will increase ...

Oil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts.

For import-reliant Asia, the Opec+ output rise is a welcome development. Markets are still on edge over US-China trade ...

OPEC+ decided to increase crude oil output for this month and the next. This appears to be in support of the trend of ...

The group's decision has triggered a supply surge, despite crude oil sliding to the low-$60s per barrel - and U.S. shale producers are "feeling the squeeze," economists at Allianz Research, led by ...

LOCAL oil industry sources announced that all fuel prices are seen to go down once more next week, due mostly to the ...

Operator: Hello, and welcome to the International Seaways First Quarter 2025 Earnings Conference Call. My name is Carla, and ...