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depending on OPEC+ policy and demand developments. The threat of supply disruptions due to sanctions is likely to linger, particularly when it comes to the Venezuelan and Iranian oil supplies.
With rising U.S. output, OPEC+ supply flexibility, and economic uncertainty weighing on demand forecasts, the oil market remains ... is up according to the swing chart, but momentum has been ...
Oil prices are under significant pressure, with Brent witnessing its largest sell-off since August 2022. Front-month prices are trading below US$70/bbl. Worse-than-expected reciprocal tariffs from the ...
Oil futures tanked more than 6% on Thursday as Trump's tariffs sent financial markets reeling and new global supply developments ... and raised concerns about demand should economic growth slow ...
Oil prices steady as traders weigh weak dollar support against rising U.S. crude production and economic slowdown fears. Light crude futures test key support at $65.20-$63.87, with a breakout ...
which diminished the likelihood of a price boost in the short term from lower supply. The brokerage said it now expects oil demand to grow by only 600,000 barrels per day (bpd) this year ...
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, ...
SINGAPORE, April 7 (Reuters) - Run rates for China's struggling independent oil refiners have nudged up recently, but still face near-term pressure over tepid domestic fuel demand and supply risks ...
“The risks to our reduced oil price forecast are to the downside, especially for 2026, given growing risks of recession and to a lesser extent of higher OPEC+ supply,” Goldman analysts wrote ...
WTI crude came under heavy selling pressure Thursday after the U.S. rolled out a sweeping tariff package that sparked immediate fears of slower global growth and weaker oil demand. Traders weren ...