Focus on China's oil demand, predicted to peak in 2025 or 2027, is expected to keep a lid on oil prices next year. Supply disruptions from OPEC+ or renewed sanctions on Iran could challenge price ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. OPEC+ early this month confirmed it would begin adding barrels to the market ...
Crude oil prices fell sharply, pressured by mounting concerns of an oversupplied market after OPEC said it now expects a ...
On Apr. 3, the OPEC+ alliance unexpectedly announced a larger-than-anticipated supply boost for May, triggering a market-wide reaction. The organization confirmed it would increase oil output by ...
With tariffs on and off the table, and new reporting by Reuters indicating that President Donald Trump plans to crack down on Iranian oil exports, oil prices have been volatile recently. Tariffs on ...
The World Bank predicts a widening imbalance between supply and demand in the energy market in 2026. Rising oil output, particularly ...
OPEC+ decided on a smaller-than-expected oil supply increase. Disagreements within OPEC+, particularly between Saudi Arabia and Russia, add uncertainty to oil policies. Despite a downgraded global ...
LONDON, March 13 (Reuters) - Oil prices slipped on Thursday after surging in the previous session on a larger-than-expected draw in U.S. gasoline stocks, as markets weighed macroeconomic concerns and ...
Global oil markets have entered a bearish phase, with U.S. crude sliding below $60 per barrel, down over 20% from January ...
Oil prices declined in Asian trading on Tuesday, reversing gains from the previous session as fears of an impending supply glut weighed heavily on markets. A stronger U.S. dollar also added pressure, ...