The Organization of the Petroleum Exporting Countries (OPEC) lowered its forecast for global oil demand growth in 2026 to 780,000 barrels per day (bbl/d), marking the third consecutive downward revision, according ...
Iran has initiated preliminary talks with Japanese firms to resume crude oil sales under a temporary 60-day US sanctions waiver issued on June 22, Reuters reported. The initial discussions mark a potential return ...
OPEC+ has reached a preliminary agreement to raise its oil production targets for June, according to sources familiar with the group’s deliberations, cited by Reuters. However, the planned increase is expected to ...
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