The Energy Information Administration lowered its 2025 forecasts for U.S. and global benchmark crude-oil prices, citing an expected climb in global oil production starting in the second quarter of ...
The chart is really the story here. The news that the U.S. struck Iran was initially greeted as a shock by financial markets, but now are pivoting to a belief that both the intervention will be ...
Crude oil prices traded steady on Wednesday as concerns over higher output from OPEC+ groups were partially offset by supply pressures caused due to the Canadian wildfires along with economic ...
Explore the bearish outlook for crude oil prices as oversupply and weak demand drive forecasts below $50 per barrel. Click ...
Oil prices jumped more than five percent Thursday after US President Donald Trump targeted Russia's key oil industry with new ...
December WTI crude oil (CLZ25 ) today is down -0.24 (-0.40%), and December RBOB gasoline (RBZ25 ) is up +0.0044 (+0.23%).
SINGAPORE, Sept 9 (Reuters) - Sentiment in the crude oil market has shifted to expecting prices to decline, with the debate at the industry's biggest gathering in Asia more about timing than direction ...
Oil prices were sliding on Thursday after the International Energy Agency said global crude markets should brace for an even bigger supply glut than it had previously forecast. The Brent international ...
LAUNCESTON, Australia, Feb 13 (Reuters) - Asia's crude oil markets are adjusting rapidly to new sanctions against top supplier Russia, sucking up cargoes while they can and moving to alternatives for ...