The IEA is the most bearish about demand in 2026, putting it at 104.7mn b/d. Opec is the most bullish, with a forecast of 106 ...

The world oil market will see a small surplus in 2026 after OPEC+ production increases and higher supply from other producers ...

The cartel’s estimates remain well above the International Energy Agency’s.

Crude oil prices fell sharply, pressured by mounting concerns of an oversupplied market after OPEC said it now expects a ...

Oil prices fell more than $2 a barrel on Wednesday, weighed down by an OPEC report saying global oil supply will match demand ...

Oil prices edged down on Thursday, extending losses from the previous session, as a report showing rising crude inventories ...

Global oil supply will match demand in 2026 in a reflection of the wider OPEC+ group's production increases and higher supply ...

Oil prices steadied on Wednesday after a sharp 4% slide the day before, with Brent trading near $63.08 and WTI around $58.80 ...

The World’s July oil production increased by 428 kb/d to 84,726 kb/d, green graph, a new World Peak Oil All-Time High. Last ...

Oil prices fell sharply on Wednesday after OPEC said it now expects the global market to be balanced in 2026, abandoning its ...

This outlook highlights an increasingly imbalanced market, with global supply outpacing modest demand increases. Rising ...

LONDON (Reuters) -World oil supply is expected to match demand next year in ​a reflection of the wider OPEC+ group's production ‌increases, an OPEC report showed on Wednesday, marking a further shift ...