China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
U.S. Crude Oil Stockpiles Rise More Than Expected
U.S. crude oil inventories rose 2.1 million barrels to 429.7 million barrels, surpassing analyst expectations for an increase ...
Oil prices inch higher but stay on track for a weekly loss
On average, analysts expected a climb of 1.5 million barrels in crude supplies for the week, according to a survey conducted by S&P Global Commodity Insights. Late Wednesday, the American Petroleum ...
Oil prices end higher after tapping a 2-week low
Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas ...
U.S. crude oil rises, trades around $69 per barrel
UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world’s largest ...
Oil prices broadly flat after falling on dollar surge
Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...
Morningstar2d
Oil prices bounce after back-to-back declines; OPEC sees lower demand growth
December gasoline RBZ24 tacked on 1.5% to $1.9865 a gallon, while December heating oil HOZ24 added 1.5% to $2.2303 a gallon. -- Natural gas for December delivery NGZ24 traded at $2.976 per million ...
California Air Resources Board approves new clean air rules that are expected to raise gas prices
WELL, WE ARE FOLLOWING MORE BREAKING NEWS OUT OF THE STATE CAPITOL RIGHT NOW WHERE AFTER A 12 HOUR MARATHON MEETING, THE CALIFORNIA AIR RESOURCES BOARD CARB HAS APPROVED UPDATES TO CLEAN AIR STANDARDS ...
Vitol CEO Sees $70-$80/bbl Oil Prices in 2025, Flags Supply Uncertainty
SINGAPORE (Reuters) - Global oil prices are expected to stay in the $70 to $80 per barrel range in 2025, similar to 2024, while geopolitical risks create uncertainty around supply, Russell Hardy, CEO ...
Trump’s victory is neither an oil gusher nor a green crusher
Trump will certainly reduce hurdles for producers; expect lower royalties and easier environmental rules on federal lands as ...
Rigzone15d
EIA Fuel Update Shows Declining Price Trend for Gasoline
The EIA’s latest fuel update, which pegged the retail price of regular gasoline at $3.21 per gallon in September, showed that 53 percent of that total went towards crude oil costs, 20 percent ...