The projected surplus has narrowed due to lower OPEC+ production, but a large supply overhang continues to cloud the outlook, ...
Russia’s crude oil output last month was well below its OPEC+ quota, as the country struggled to find buyers for its ...
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Middle East Crude Prices Sink to Two-Month Low Against Brent
Key crude prices in the Middle East have dropped to their weakest level against the Brent benchmark in two months, signaling ...
OPEC+'s decision to hold production steady signals a structural shift in the oil market where non-OPEC+ supply growth is ...
Dow Jones Top Energy Headlines at 7 AM ET: Oil Inches Higher But Ukraine Talks, Oversupply Concerns Cap Gains | Regime ... Oil prices edged higher though gains were capped by diplomatic efforts to end ...
Russian oil production edged up in November to 9.367 million barrels per day, up 10,000 bpd from October, after the OPEC+ ...
The projected surplus has narrowed due to lower OPEC+ production, but a large supply overhang continues to cloud the outlook, the International Energy Agency said. The sale accounts for about 7.1% of ...
World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with ...
Oil and natural gas retreat as growing supply forecasts, weak momentum signals, and bearish technical patterns raise downside ...
Global supply is set to grow by 2.1m b/d next year, while demand looks to be more modest at around 800k b/d. Read more here.
The concerning part is that oil prices may remain weak beyond 2026. OPEC+ will need to act and manage the situation ...
The IEA raised its global oil demand growth forecasts for both 2025 and 2026, pointing to improving macroeconomic conditions ...
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