underwhelming Chinese economic stimulus efforts, and OPEC's continued downward revisions of demand forecasts," said Mohamed ...
While the November data from OPEC and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is yet to be released, ...
The United States is expected to increase domestic production of crude oil under the upcoming presidency of Donald Trump, ...
The monthly report from the IEA bears no change in the narrative for the 2025 outlook. The US Dollar Index rallies further after President-elect Trump secures a majority in both Senate and House.
Crude has alternated between weekly gains and losses since mid-October, with traders weighing OPEC supply moves, US monetary policy, and the risks to oil-demand growth, especially in China. There’s ...
The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and ...
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
Rising crude oil imports will signal that the measures are working. This would be good news for tanker owners. OPEC extended ...
The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...
This comes after the Organization of the Petroleum Exporting Countries on Tuesday again cut its global oil demand growth ...
The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...
Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on OPEC's demand ...