OPEC+ plans a 411,000 bpd supply boost in May, deepening crude price declines amid recession fears and bearish natural gas momentum.
Supply and demand determine equilibrium prices; high demand or low supply raises prices. Investing during low demand and high supply periods can lead to cost savings. Supply-demand principles ...
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 ...