The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that the balance of supply and demand will shift toward oversupply in the back ...
Traders have been keeping a close watch on prospects for oil demand. OPEC's forecast for global oil-demand growth in 2025 was little changed at 1.4 million barrels a day, and the organization said it ...
Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...
Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...
WTI oil tests new highs as traders focus on the EIA report, which indicated that crude inventories declined by 2.0 million ...
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New US sanctions may severely disrupt Russian oil supply chains, International Energy Agency saysThe International Energy Agency (IEA) has warned that the latest US sanctions on Russia could significantly complicate its ...
U.S. crude-oil futures rose more than $1, helped by robust distillate heating oil demand amid a winter blast in U.S. and Europe and as the energy market focused on possible supply disruptions because ...
German GDP forecasts signal contraction, stoking ECB rate cut bets. Can dovish policy support rate-sensitive DAX stocks in ...
Filling stations across Nigeria have increased their prices again in response to the soaring global crude oil cost, which ...
Moscow time (3:30 p.m. GMT) the price of March futures for Brent oil on London’s ICE was up by 1.35% at $81 per barrel while the price of futures for WTI oil with March delivery was up by 1.99% at $79 ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
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