IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.

Oil futures edged lower Thursday morning, after the International Energy Agency’s monthly report underscored worries that ...

A lower-than-expected increase in US crude oil inventories supported the market, while better-than-expected US consumer price ...

If the market conditions were to remain consistent for the remainder of the month – an unlikely scenario with the rand/dollar ...

Crude oil prices dipped despite a significant U.S. gasoline inventory draw indicating strong demand, as concerns about global ...

Crude oil prices are rallying amid a broader uptick in market sentiment, and OPEC+ is holding steady on its demand forecast, ...

The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging mounting economic uncertainty amid trade tensions. The ...

Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline demand ...

Rapid change in U.S. trade policies heavily factored into the Energy Information Administration’s March short-term energy ...

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

The oil price has plunged 15% since January, pressuring ASX 200 stocks like Woodside and Santos. Here’s what to expect in the ...

In its report, OPEC left its 2025 forecast for global oil demand growth unchanged at 1.45 million barrels per day (bpd), projecting total oil demand of 105.2 million bpd. It also left its global oil ...