Oil prices steady near $70.11 – $70.39 resistance with supply disruptions from sanctions clashing with weak demand. U.S.
Crude oil prices rose this week due to concerns about tightening global supply, driven by U.S. tariffs on Venezuelan imports ...
Oil futures face downside risks as U.S. output climbs and OPEC+ remains flexible. Will geopolitical tensions disrupt supply and shift market sentiment?
Global oil supply growth is outstripping demand, the CEO of one of the world’s largest oil traders, Gunvor, said on Monday. Oil prices hit a three-year low last week due to slow demand growth in China ...
Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...
The price of oil is the most important value on the international commodity markets. Crude oil is the most important commodity and emerging industrial markets such as China, India and Latin ...
Oil prices rose slightly on Wednesday morning over concerns around tighter supply, following a larger than expected drop in ...
Global energy demand spiked in 2024, driven largely by surging electricity use, according to a new report released today by the International Energy Agency (IEA). Electricity consumption jumped by ...
The Trump administration is trying to reduce oil exports from Iran and Venezuela, which will tend to reduce OPEC+ crude ...
Goldman Sachs has lowered its December 2025 and average 2026 forecasts for Brent and WTI crude oil prices, citing slower oil demand growth prospects and expectations of higher OPEC+ supply, it said in ...
Availability of crude oil will be more than sufficient to cover expected demand growth this year and next, according to Vitol chief executive Russell Hardy. Speaking during the FT Global ...
The International Energy Agency modestly raised its forecast for global oil-demand growth and said improved compliance with output quotas among members of the OPEC+ alliance is reducing a ...
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