“Oil price weakness will be baked into issuance projections,” he said. “When these governments were preparing budgets in ...

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, revising down its 2025 demand growth forecast. Meanwhile ...

International Energy Agency (IEA) on Thursday projected that global crude oil supply may exceed demand by around 1 million barrels per day (mb/d) in 2025 as rising trade tensions and OPEC+ winding ...

Light crude oil futures are trading with a mixed bias ... drop since 2022—further weighing on crude sentiment. On the supply front, OPEC+ reported a notable increase in February production ...