OPEC is now forecasting that demand for oil will grow more slowly than it had previously expected for the rest of this year and for 2025. It’s the third time in as many months that the Organization of ...

OPEC trimmed its forecasts for oil demand growth this year and next for a third consecutive month as the group belatedly recognizes a slowdown in global fuel use. Global oil consumption will increase ...

The two biggest U.S. oil companies increased production in the third quarter and reported lower but still robust profits.

Oil prices were heading for a third consecutive monthly decline, slipping on Friday due to a stronger U.S. dollar and weak ...

Third-quarter 2024 earnings down year-over-year on lower commodity prices, refining margins. A group of 53 US-based oil and gas producers and refiners announced combined net earnings of $24.9 billion ...

Saudi oil giant Aramco reported Tuesday a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over ...

Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger U.S. dollar and weak China data ...