Oil group says the global economy remains 'resilient'

OPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was primarily driven by a U.S. naval…

According to the forecast, global oil consumption may reach 106.13 mln bpd this year

OPEC has reduced its 2026 oil demand growth forecast to 970,000 barrels per day. This marks a second consecutive cut. The group sees less impact from the Iran war than other…

Oil group says the global economy remains 'resilient'