The daily chart for the US Dollar Index shows it has reached the support level of 103.50 and remains bearish. The ...

The supply of crude oil is limited, however, and cannot be increased further, since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result ...

With rising U.S. output, OPEC+ supply flexibility, and economic uncertainty weighing on demand forecasts, the oil market remains ... is up according to the swing chart, but momentum has been ...

In contrast, hedging was much higher in previous downturns, such as 51.7% in 2020, which provided crucial support during the ...

HOUSTON (Reuters) -Global oil supply growth is outstripping demand, the CEO of one of the world's largest oil traders, Gunvor, said on Monday. Oil prices hit a three-year low last week due to slow ...

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 ...

Oil prices rose on renewed geopolitical risks in the Middle East and China’s plans to increase spending.

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 ...

The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have ... and that it sees a bigger-than-anticipated supply surplus if OPEC+ raises output ...

The International Energy Agency reported that global oil supply could exceed demand by around 600,000 barrels per day this year, with global demand now expected to rise by just 1.03 million bpd ...