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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 EIA's recent short-term outlook for oil prices forecast a slide in oil prices potentially leading to lower rig counts and ...
If the U.S. economy slows down, so will global oil demand. Plus: shipbuilding, semiconductors, and the meddler in chief.
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 ...
Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...
Oil prices have not reacted to Trump slapping an additional 25% tariff on India over its purchases of Russian oil, possibly ...
"The latest data show lackluster demand across the major economies," said the International Energy Agency in its latest report.
The International Energy Agency forecasts a larger oil market oversupply due to tepid demand growth and surging supply from ...
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