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Opec raises 2050 oil demand outlook amid expansion of global economies
10 Jul 2025 12:21 GMT
… , according to Opec.
The Vienna-based organisation, however, cut world oil demand forecasts … peak oil demand on the horizon.”
Opec+ countries have been boosting production since … said last week, after increasing output by 411,000 bpd for …
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Oil prices fall despite Russia sanctions threat and Trump's...
11 Jul 2025 13:32 GMT
… , supply is booming, with June output jumping by nearly a million … recent news that the OPEC group of oil-producing countries will stop … chunk of the 2.2mbpd cuts in September, and reports of … ;Europe wants to cut the price cap on Russian oil from $60 …
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Oil rises as investors weigh market outlook, tariffs, sanctions
11 Jul 2025 12:52 GMT
… .
“OPEC+ will quickly and significantly turn up the oil tap. … the short term, however, oil prices remain supported,” Commerzbank … for overproduction against its OPEC+ quota this year in … forecasting agency OPEC cut its forecasts for global oil demand in …
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Oil heading for weekly gain on potential Russia sanctions and Trump tariffs
11 Jul 2025 12:45 GMT
… that the Opec+ alliance is considering one more output increase for … Europe wants to cut the price cap on Russian oil from $60 … medium and long term but cut oil demand projections for the … per day by 2050, the oil production group said.
However, it reduced …
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Oil edges higher as investors weigh market outlook
11 Jul 2025 12:04 GMT
… "OPEC+ will quickly and significantly turn up the oil tap. … the short term, however, oil prices remain supported," Commerzbank … forecasting agency OPEC cut its forecasts for global oil demand in … global economic growth and oil demand.
"Prices …
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OPEC cuts global oil demand forecast for next four years
11 Jul 2025 11:34 GMT
… substitution of oil in various sectors.
OPEC secretary general … forward.
The OPEC+ group is increasing oil production to reclaim market … OPEC+ began to ease output restrictions, implementing production increases since April.
However, additional cuts …
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The small-bore view of oil-pipeline critics
11 Jul 2025 10:57 GMT
… which has revised its oil-sands production forecast upward four times … already being made to optimize output from existing facilities. These … that an oil pipeline will make the cut for expedited regulatory … cited in IEA and OPEC data as facing structural …
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BP ratchets up oil and gas output after green energy retreat - but weaker prices weigh on profits
11 Jul 2025 09:31 GMT
… July 2025
BP gas and oil production volumes are expected to have … first, after OPEC+ members started to unwind self-imposed production cuts.
Similarly, BP … first.
Lower prices received for oil production are expected to impact results …
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World oil market may be tighter than it looks: IEA
11 Jul 2025 08:14 GMT
… decision by OPEC+ to further accelerate the unwinding of production cuts failed to … executives of OPEC nations and bosses of Western oil majors. The output increases … , despite the larger than expected output hike and concerns about the …
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The palace, the protests and the red carpet: How OPEC’s seminar played out
11 Jul 2025 07:35 GMT
… heated discussions over crude output levels between OPEC producers and their … of the history of oil.
OPEC Secretary-General Haitham al- … been carrying out voluntary cuts in crude production — have been increasingly … million-barrels-per-day production cut.