Oil demand has defied bearish predictions to keep rising, but supply is set to increase even more, dragging crude prices ...
Global oil markets have entered a bearish phase, with U.S. crude sliding below $60 per barrel, down over 20% from January ...
OVERVIEW: Oil prices are poised for a weekly loss of more than 3% after Ukrainian President Volodymyr Zelensky agreed to work on a U.S.-drafted peace plan. A deal would ease the geopolitical risk ...
U.S. sanctions on Russia’s largest oil producers, Lukoil and Rosneft, have kicked in and are starting to test Moscow’s ...
The XBR/USD chart shows that Brent crude has fallen below $62 today (Friday), after climbing above $64.50 earlier in the week. This marks a drop of more than ...
Oil prices are expected to increase as high as PHP1 per liter next week as upside risks remain partly due to supply ...
Birchcliff is an intermediate oil and natural gas company based in Calgary, Alberta with operations focused on the exploration and development of the Montney/Doig Resource Play in Alberta.
HOUSTON (Reuters) -Oil prices fell more than $2 a barrel on Wednesday, weighed down by an OPEC report saying global oil ...
Explore the bearish outlook for crude oil prices as oversupply and weak demand drive forecasts below $50 per barrel. Click ...
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, ...
(Reuters) -Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset geopolitical risks to supply, a Reuters poll showed on Friday. A ...