1) (CLK25) for May delivery fell 6.6% to settle at $66.95 ... Agency's March oil report shows 2025 forecasts for total global oil supply of 104.5 million barrels per day (bpd) and global oil ...

It’s been a month since OPEC+ said it will go ahead and gradually unwind its voluntary production cuts starting on April 1, ...

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 ...

Oil prices remain near one-month highs, gaining over 7% since early March, as tightening supply concerns and escalating geopolitical tensions rattle global markets. New U.S. trade restrictions ...

April 4 (Reuters) - Goldman Sachs lowered its forecast for Brent crude's average price this year by 5.5% to $69 a barrel and for WTI prices by 4.3% to $66, citing the risks of higher OPEC+ supply ...

speeding up the pace of their scheduled hikes and pushing down oil prices. The Ice Brent contract with June delivery was trading at $70.50 per barrel at 1:32 p.m. London time (8:32 a.m. ET), down ...

US oil prices tanked more than 7.5% on Thursday ... But it could reignite worry of a supply glut in the global market, especially if a recession weighs down on energy demand.

OPEC+ agreed to make a larger than expected oil supply hike in May, deepening the slump in oil prices triggered by President Donald Trump’s tariffs. The group led by Saudi Arabia and Russia will ...

According to two industry sources, Kazakhstan's oil output reached a record high in March with increased supply from the giant ... (TCO), as well as the delivery of oil to the Caspian Pipeline ...