Oil prices fell by more than 1% on Friday and cemented weekly losses as analysts projected a supply surplus next year on weak ...
The lack of a more positive response in oil prices “shows the market is disappointed,” he said. Anticipation of OPEC+’s move ...
The US and other oil-producing nations will account for the bulk of crude supply growth in 2025, Bank of America said.
Eight members of the OPEC+ alliance of oil exporting countries have decided to put off increasing oil production as they face ...
Crude oil prices find support from OPEC+ production cuts and China’s economic recovery, but geopolitical tensions, demand ...
Crude oil prices rose following a surprise inventory draw reported by the EIA, but concerns about global demand persist.
Oil prices ended lower on Friday, with U.S. and global benchmarks at their lowest in three weeks. After the OPEC+ decision to delay the unwind of 2.2 millio ...
Crude futures edged higher supported by a new wave of U.S. sanctions on Iranian oil exports and expectations that OPEC+ will further delay its planned output hike.
The OPEC+ alliance is considering postponing planned production increases next year amid weak demand and competing production ...
U.S. oil futures pared much of their losses Wednesday after the Energy Information Administration reported a bigger-than-expected decline of 5.1 million barrels in U.S. commercial crude inventories ...
October, with bullishness from geopolitical developments in the Middle East and Ukraine countered by expectations for a glut ...