OPEC+ faces compliance challenges as rising crude output complicates supply management efforts. Oil prices edged lower following a sharp rally, as markets balanced tight U.S. fuel inventories ...
The state has been powered by vast reserves of cheap oil, gas and brown coal. But it faces blackouts in coming years – here’s how that happened.
Oil prices slid on Monday. Oil Bets A deluge of bearish factors, such as trade wars and the unexpected OPEC+ supply hike, is contributing to the worst crude-market sentiment in recent history.
(Reuters) -Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty looms over a potential peace deal in Ukraine. Brent futures slipped by ...
Crude oil prices remained range-bound last week as traders balanced geopolitical risks with rising supply. While strong fuel demand provided support, bearish fundamentals—including increased U.S ...
OPEC+ is set to start increasing oil supply to the market starting in April and will add about 120,000 barrels per day. This move has already caused prices to drop by $3 a barrel, reaching their ...
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 ...
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 ...
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 ...