Key Oil Market Drivers OPEC+ supply and the U.S. trade policies (and their effect on economies) will be the two key driving factors for oil prices this year, WoodMac says, although there are also ...
NEW YORK, March 27 (Reuters) - Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new U.S. tariffs and their expected effect on the world's economy.
"Oil demand will grow during the driving season," he told Reuters on Thursday evening. The International Energy Agency warned on Thursday that global oil supply could exceed demand by around ...
“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 ...
"We've seen a market discounting the fact that clearly it's going to be easier to produce oil and gas in the United States," Wright told CNBC's "Squawk Box." "More supply is going to come ...
Meanwhile, the agency still expects global oil supply to exceed demand, now forecasting a surplus of ~600K bbl/day with a potential addition of 400K bbl/day to the market if OPEC+ raises output ...
Oil jumps 3.5% on Trump’s Iran threats; gold hits $3,115, marking strongest three-month rally since 2009. Pelosi’s latest AI pick skyrocketed 169% in just one month. Click here to discover the ...
NEW YORK: Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new US tariffs and their expected effect on the world's economy. Brent crude futures ...
NEW YORK, March 21 (Reuters) - Oil prices settled higher on Friday and ... the OPEC+ producer group raised expectations of tighter supply. Brent crude futures rose 16 cents, or 0.2%, to settle ...
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