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OPEC OIL DEMAND FORECAST
Oil surges 5%, Brent and US crude both over $100 on more tanker attacksOil prices jumped 5% to above $100 a barrel as escalating US-Iran fighting and attacks on tankers raised fears of wider supply disruptions....
IMF say global growth on track to reach 3% in 2026, but risks remain highThe global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...
OPEC further lowers 2026 global oil demand growth forecastOPEC has lowered its 2026 oil demand growth forecast to 380,000 barrels daily. This marks the fifth consecutive downward revision for the p...
Oil Price Today (September 10): Crude oil at $101 as Iran attack on 10 ships raises supply fears. $120 in sight?On Thursday, oil prices surged above one hundred dollars per barrel as traders evaluated the risks associated with supply disruptions stemm...
Brent holds above $100 as tanker attacks deepen supply fearOil prices are holding steady as Brent crude exceeds one hundred dollars per barrel. Traders are anticipating further supply interruptions ...
$100 crude shock: Oil cos lose Rs 5/litre on petrol, Rs 23 on diesel as pump prices stay frozenState-owned oil companies are facing negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel as Brent crude crossed USD ...
India August consumer inflation likely hit 20-month high on food, fuel prices: Reuters pollIndia faces an anticipated spike in consumer inflation, predicting a high not seen in 20 months this August. Rising food and fuel prices ar...
Oil Price Today (September 9): Brent crude rises above $100 a barrel as Middle East conflict escalatesBrent crude futures crossed $100 a barrel for the first time since July 24 as escalating U.S.-Iran tensions raised concerns over Middle Eas...
Oil’s $100 nightmare is back as worst-case scenario is taking shapeHouthi attacks on Saudi energy facilities have disrupted oil operations. These strikes also pressure the Bab al-Mandeb chokepoint, impactin...
Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz StraitGoldman Sachs warned Brent crude could rise to $120 a barrel if Middle East shipping disruptions intensify, while JPMorgan sees further ups...
Saudi-led coalition in Yemen says 73 injured in Houthi attacks on the kingdomThe Houthis, who control the most populous parts of Yemen and much of the north, have been launching attacks towards Saudi Arabia since t...
Why isn't oil above $100 despite supply disruptions?Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf expo...
Oil Price Today (September 7): Crude oil approaches $100 as US, Iran strikes hit oil vessels in Hormuz. Experts weigh inThe latest escalation came on Saturday when U.S. forces struck three Iranian oil tankers, according to U.S. Central Command. One of the ves...
Oil extends gains after US and Iran strike shipsOil prices experienced a significant rise on Monday, following a spike in tensions between the US and Iran. The US struck three Iranian oil...
OPEC+ keeps oil output policy unchanged for OctoberOPEC+ maintained its oil output policy unchanged for October. The group needs to agree new quotas before deciding future output steps. The ...
OPEC+ set to keep oil output policy unchanged on Sunday, sources sayOPEC+ is expected to keep its oil output policy unchanged for October. The group needs to agree new quotas before deciding future output st...
Iraq oil exports surge, India set to benefit as Hormuz flows easeIraq's oil exports increased significantly in August and September. This rise followed wide profit margins and Iranian tanker passage appro...