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 ...
“Given prices in the mid-$70s, we continue to anticipate that the producer group postpones the beginning of bringing back withheld oil supply to market,” Citigroup Inc. analysts, including ...
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 ...
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+ 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 ...
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Reuters on MSNOil heads for weekly gain on supply jitters(Reuters) -Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty ...
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 ...
OVERVIEW: Oil prices slipped on Friday but are still on track for modest weekly gains amid fears of supply disruptions and uncertainties around negotiations to end the war in Ukraine. Brent crude ...
In the US, government figures showed commercial oil inventories grew 4.63 million barrels last week, the fourth straight buildup and a bigger increase than projected by an industry group and ...
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 ...
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