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 ...

Oil prices experienced a roughly 1% decrease on Monday as the United States and Iran initiated discussions to establish a framework for a potential nuclear agreement, easing concerns about supply ...

Oil prices fell about 1% on Monday after nuclear talks between the United States and Iran progressed, reducing the concerns that the dispute will reduce supply from the major Middle Eastern producer.

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

This move helped ease concerns over a possible crude oil supply constraint. At 9.54 am on Monday, June Brent oil futures were at $66.91, down by 1.55 per cent, and June crude oil futures on WTI ...

Global oil supply is set to rise by 1.2 million barrels per day (bpd) this year, lower by 260,000 bpd than the growth expected last month, the International Energy Agency (IEA) said on Tuesday ...

“There is plenty of supply around,” said Hardy on oil availability for 2025 and in the medium term. He commented that despite some “threats” to potential supply, he sees that “by and ...

Trump's tariffs, along with a supply hike by OPEC+ producers, have driven a steep slide in oil prices this month, cutting revenue for producers. The U.S. oil industry, despite calls by Trump to ...

deepening the losses seen last week as concerns over global trade tensions and a growing oil supply weighed on market sentiment. U.S. West Texas Intermediate (WTI) crude fell $1.29, or 2.08% ...

"The deal marks a key step for ENN towards enhancing a stable energy supply chain and diversifying supplies," ENN said. Shanghai-listed ENN Natural Gas, which currently holds a 34.28% stake in Hong ...

Light crude oil is posting a solid weekly gain, closing near $69.90 on Thursday, up roughly 2.4%, as traders responded to tightening global supply and rising geopolitical risks. However ...

Crude oil posted its third straight weekly gain, buoyed by intensifying U.S. sanctions on key exporters and persistent signs of tightening global supply. Despite a Friday pullback on recession ...