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Technical analysis suggests a possible recovery for Brent crude, with the RSI indicating a potential shift in momentum. US drilling activity could slow down if WTI prices remain below $65 per barrel, ...
OPEC+ plans a 411,000 bpd supply boost in May, deepening crude price declines amid recession fears and bearish natural gas momentum.
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 ...
Supply and demand determine equilibrium prices; high demand or low supply raises prices. Investing during low demand and high supply periods can lead to cost savings. Supply-demand principles ...
Crude oil prices remained range-bound last week as traders balanced geopolitical risks with rising supply. While strong fuel demand provided support, bearish fundamentals—including increased U.S ...
LONDON, March 13 (Reuters) - Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, due to growth led by the United ...
The head of the International Energy Agency, meanwhile, did a 180-degree turn in his rhetoric, calling for more investment in fresh oil and gas supply after years of preaching peak oil demand and ...
According to The Conference Board (Aug 2024), “The U.S. economy alone needs 4.6 million additional workers per year to maintain current levels of supply, demand, and population balance.” ...