Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...
Crude oil price extended previous losses to a two-month low as concerns over a supply glut and slowing demand growth continue ...
Oil prices fell in early Asian trading as optimism around Russia-Ukraine peace talks and weak Chinese economic data ...
China's flows of crude oil into storage probably jumped in November to the highest in six months, as a surge in imports ...
Crude oil remains under selling pressure, with rallies viewed as opportunities to fade amid weak demand and heavy oversupply.
Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident ...
Crude oil tightens inside a falling low-volatility channel, rejecting the 20-day MA again at $59.36 and printing lower lows ...
Oil prices closed lower on Friday, marking a 4% weekly decline as a supply glut and a potential Russia-Ukraine peace deal ...
The industry ministry on Wednesday asked major oil companies to refrain from engaging in drastic price hikes amid recent ...
Fundamentals are still the primary drivers of change in commodity markets, with the price of oil not shifting based on the Fed's cut', Rystad said.
A decrease in oil supply drives up oil prices, which can raise unemployment and inflation. To counter adverse effects on ...
NEW YORK - APRIL 15: Traders call out during activity in the crude oil options area on the floor of the New York Mercantile Exchange April 15, 2008 in New York City. Oil prices set a new record high ...