OPEC has raised its forecast for world oil and energy demand for the medium and long term but cut oil demand projections for the next four years on China slowdown. Global oil demand is projected to ...

Brent crude futures were up 40 cents, or 0.58 per cent, at $69.04 a barrel as of 1027 GMT. US West Texas Intermediate crude ...

Oil rose in early trade on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ was weighing a pause in output hikes after August.