Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

But could Trump's alignment with Israel and intention to throttle the Islamic Republic's exports of 1.7 million barrels of ...

Oil prices pared losses from earlier in the session to trade higher on near-term supply risks as market looks to maintain ...

On Tuesday, OPEC, in its monthly report, cut its forecast for growth in global oil demand by 107,000 barrels a day in 2024 to 1.8 million barrels a day, or mbd, citing updated data for the first three ...

Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...

Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...

WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...

For 2025, Opec now projects oil consumption to increase by 1.5 million bpd, down 103,000 bpd from its previous forecast. The ...

Fuel prices are set to rise anew this week, driven by delayed production increases and geopolitical tensions in the Middle ...

Former Trump official says Ukraine policy would lift Russian energy price cap while Iran sanctions ramp up and US production ...

Oil industry CEOs identify the Middle East conflict and US-China tensions as major risks ... Rising tensions between Israel and Iran, an OPEC member, have traders wary of possible supply disruptions, ...

Trump’s second term is poised to either bring substantial shifts in US policy or reinforce continuity — both alternatives carrying far-reaching implications for global oil markets in 2025.