Even though many commodities, like oil, were exempt from tariffs, the broader economic effects are likely to take a toll if ...

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LONDON, April 14 (Reuters) - OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data received for the first quarter and trade ...

Paris: Opec (Organisation of the Petroleum Exporting Countries) slightly lowered its forecast for oil demand growth on Monday, citing the impact of US tariffs on the world economy. The Saudi-led ...

Meanwhile, OPEC and its allies–which pump more than half of the world’s crude oil–unexpectedly decided to increase supply by 411,000 barrels a day in May, the equivalent of three monthly ...

OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data received for the first quarter and trade tariffs announced by the United ...

The purpose of OPEC is to “coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular ...