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Bets on rising US oil prices tumbled to a 16-year low as a looming supply surplus sent bulls stampeding from the market.
World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...
The International Energy Agency forecasts a larger oil market oversupply due to tepid demand growth and surging supply from ...
If the U.S. economy slows down, so will global oil demand. Plus: shipbuilding, semiconductors, and the meddler in chief.
Crude futures returned most of the previous day’s gains as traders remained cautious ahead of the meeting between Presidents Trump and Putin about ending the Russia-Ukraine war.
Oil stocks face poor risk-reward as oversupply and weaker demand are likely to push Brent prices down to $50 by 2026. Should ...
OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a ...
A closely-monitored oil market metric that tracks the strength of Middle Eastern crude versus global benchmark Brent ...
"The latest data show lackluster demand across the major economies," said the International Energy Agency in its latest report.
The oil price structure is softening as prompt futures premiums decline, signaling an anticipated increase in supply after ...
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