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 ...