The IEA raises its projections for oil supply growth in 2025 while trimming demand forecasts, citing weaker fuel consumption ...

The NYMEX September West Texas Intermediate oil contract was 89cts lower at $62.28/bbl and October WTI was down by about the same to $61.59/bbl at about 11:30 a.m. ET. The October Brent crude contract ...

International crude oil prices continued their downward trend today. Brent Crude was trading 0.38 per cent lower at 65 dollars and 87 cents, while WTI Crude was 0.62 per cent down at 62 dollars and 78 ...

U.S. crude and distillate inventories rose while gasoline stockpiles fell last week, the Energy Information Administration ...

Crude oil inventories in the United States increased by 3.0 million barrels during the week ending August 8, after dropping ...

Oil prices fell over 1% on Wednesday after a U.S. crude supply unexpectedly rose, but losses were limited after the U.S.

The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...

U.S. stocks are ticking higher after a rally spurred by hopes for lower U.S. interest rates wrapped around the world. The S&P 500 was up 0.3% in early trading Wednesday, ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said ...

IEA Lifts Global Oil Supply Forecast, Signaling Bigger Surplus Ahead Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than three ...

The U.S Energy Information Administration (EIA) on Tuesday predicted that Brent crude spot prices could average below $60 per barrel in the fourth quarter, a level not seen since 2020. A statement by ...

LONDON: Oil prices fell on Wednesday after the IEA noted supply overtaking demand this year, while investors awaited Friday’s ...