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Oil tumbled to a four-year low, following a surprise output increase by OPEC+ and a rapidly escalating global trade war ...
Report Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. IEA: crude supply is outpacing demand by 600,000 bpd. According to the chief ...
Wall Street Banks See Oil in the Low $70s. Rising supply and potentially weaker-than ... “We turn neutral on oil prices relative to the curve and consensus, as we revise down our 2025 demand ...
We're seeing a complex interplay of supply and demand factors', said Ann-Louise Hittle, Vice President of Oils Research at Wood Mackenzie. Oil prices ... along the curve at once, rather than ...
Nigeria has more abundance in natural gas, than in crude oil, and some experts believe it ... Nigeria stood a chance to partly fill in the gap, as a major supplier to Europe.
0924 GMT – Goldman Sachs cut its oil-price forecasts for this year and next on expectations of slower demand growth and higher OPEC+ supply. “Brent oil prices have fallen from above $80/bbl in ...
Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, revising down its 2025 demand growth forecast. Meanwhile ...
the malware attack on Saudi Aramco reflects a worrying qualitative change toward attacks with the potential for causing physical disruptions to the oil and gas supply chain.
and meeting domestic crude oil and gas supply obligations. “This enables service companies, manufacturers, oil and gas trainers, and job seekers to invest in facilities and capabilities that ...
Oil futures tanked more than 6% on Thursday as Trump's tariffs sent financial markets reeling and new global supply developments suggested the balance in the global oil market would remain under ...