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 ...

CALGARY (Reuters) -Oil prices slipped on Thursday as markets weighed macroeconomic concerns, including the risk that tariff wars between the U.S. and other countries could hurt global demand.

“Oil price weakness will be baked into issuance projections,” he said. “When these governments were preparing budgets in ...

Aside from the physical groundwork of gathering and processing oil, market regulations are the true price-determinants of crude oil spot prices. Crude oil market regulations control supply and ...

Howmet CEO John Plant told Bank of America's Global Industrials Conference that the supplier would invest in growing capacity for customers that will give it long-term business. The days-long fire at ...

SINGAPORE, March 13 (Reuters) - Saudi Arabia's shipments of crude oil to its biggest customer, China, are expected to drop in April to their lowest in more than a year, trade sources said on ...

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 ...

ORLEN and Naftogaz of Ukraine have signed a new natural gas supply contract, ensuring deliveries for Ukrainian consumers starting in April. This ...

Some argue that financial speculation plays a role larger than supply and demand fundamentals in driving oil price volatility. What do we know about the influence of derivatives trading on oil ...

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 ...

However, such a move would require a significant fundamental shift in supply-side conditions. At 10:01 GMT, Light Crude Oil futures are trading $66.60, up $0.35 or -0.53%. Oil prices are finding ...