World oil demand this year will rise by 730,000 barrels ... these factors prompted the IEA to cut its U.S. oil supply forecast by 150,000 bpd this year to growth of 490,000 bpd.

WTI crude rebounds to $61.30 but faces headwinds from weak demand and OPEC+’s faster ... tensions may flood the market with additional oil supply in Q2. WTI crude futures dropped to $61.30 ...

CVX, COP and EOG offer stability and upside, as OPEC's outlook signals slower growth but confirms oil's lasting role in the ...

Oil prices have sold off heavily as the market deals with a potential demand hit from tariffs and a surprise supply increase ...

This forecast is detailed in the EIA's April STEO, which highlights significant uncertainties in energy supply, demand and ...

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.

Tariffs are clouding the global economic outlook and could weigh heavily on oil prices in the months ahead, the U.S. Energy ...

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 ...

Global oil demand will grow at its slowest rate for ... these factors prompted the IEA to cut its U.S. oil supply forecast by 150,000 bpd this year to growth of 490,000 bpd. Nonetheless ...

Oil prices have surged over 7% since early March amid tighter supply and geopolitical tension impacting key buyers. U.S. crude stockpiles fell by 3.3 million barrels—more than triple analysts ...