Oil prices soar on concerns over global supply disruptions, ceasefire in Gaza, and declining US crude inventories. Sanctions ...
The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...
Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...
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 ...
A warning of potential supply constraints in oil production, impacting prices and investments despite institutional forecasts ...
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 expects 2026 demand to grow by the same amount. That would bring ...
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 ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year.
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...