Crude has alternated between weekly gains and losses since mid-October, with traders weighing tensions in the Middle East, OPEC+ supply policy, and risks to demand growth, especially in China.
Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...
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 ...
The EIA expects global oil inventories to increase in the second quarter ... The agency lowered its 2025 price forecasts by 2 ...
U.S. and global crude-oil prices on Wednesday touched their lowest levels in about two weeks, a day after OPEC+ lowered expectations for global demand growth. Trade ...
"All these developments keep the risks surrounding oil prices tilted to the downside ... with analysts polled by Reuters ...
Analysts had expected a build of 1.0 million barrels. For the week prior, the API reported a 3.132-million barrel build in ...
Indonesia should boost oil exploration and production, enhance energy efficiency and diversify energy sources to achieve oil ...
Oil prices have risen slightly due to tightening supply conditions, despite concerns about weakening global demand, ...
Oil futures were marginally higher early Wednesday, with the U.S. benchmark consolidating below the $70-a-barrel threshold as investors weigh how producers will respond to a downbeat demand outlook.
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
The events show that oil prices during this period have remained highly volatile even as nations have strived for stable and ...