With rising U.S. output, OPEC+ supply flexibility, and economic uncertainty weighing on demand forecasts, the oil market remains under pressure. While geopolitical risks may spark occasional ...

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 climbed a third day after the US sanctioned a Chinese refinery for the first time, in a marked step-up of measures to ...

Prices can be shaped by local influences. A recent C.D. Howe report, for example, argued Trans Mountain would reduce gasoline ...

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 ...

Part of the theory behind the move may have been to help increase demand as tariffs are enacted around the world, and there's ...

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 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 ...

US West Texas Intermediate crude futures fell US$1.13, or 1.7 per cent, to US$66.55 a barrel. The International Energy Agency reported that global oil supply could exceed demand by around 600,000 ...