The West Texas Intermediate (WTI) crude oil price has retreated this year as concerns about demand and supply remain. WTI, ...

Brent crude oil price remains under pressure as it faces a double whammy of weak demand and high supplies in the coming ...

The latest monthly report from OPEC shows that the cartel has revised its global oil demand growth ... be absorbed in a softer demand environment. Meanwhile, non-OPEC supply growth has also ...

Crude oil is also used in cosmetics and medicines. Because the supply of crude oil is limited but demand is constantly increasing, the price of oil is also continuously rising. Because crude oil ...

The International Energy Agency slashed forecasts for global oil demand this year amid the brewing trade war, and in its first detailed assessment of 2026 predicted a persistent supply surplus.

(Reuters) - JP Morgan on Monday lowered its oil price forecasts ... higher OPEC+ supply and the risk of an escalating trade conflict will trigger a global recession, denting demand.

Click ‘Embed’ to use this chart on your own website or ‘Reset’ to start over ... Crude oil market regulations control supply and dynamics, thus price, based on factors like: As with all commodities, ...

Energy & Oil IEA Cuts Oil Demand Forecast as U.S. Tariffs Weigh on Economic Growth Global GDP is now estimated at around 2.4% in 2025 and 2.5% in 2026, from 3.1% for both years ...

The top oil cartel gathering the world's largest exporters under its umbrella slashed on Monday its 2025 and 2026 global oil demand growth forecast for the first time since December, citing the impact ...

OPEC cut forecasts for global oil demand growth slightly this year and next as President Donald Trump’s tariff onslaught takes a toll on consumption, while remaining more bullish than other ...

Crude oil is also used in cosmetics and medicines. Because the supply of crude oil is limited but demand is constantly increasing, the price of oil is also continuously rising. Because crude oil ...