Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

China's oil refiners in October processed 4.6% less crude than a year earlier, falling year-on-year for a seventh month, amid the closures of some plants and reduced operating rates at smaller ...

The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...

China’s slow demand growth and a firm U.S. dollar push oil prices lower. Explore how these dynamics impact natural gas and ...

Gasoline and diesel prices both fell slightly Thursday afternoon after OPEC cuts global fuel demand growth forecast for 2024 ...

The monthly report from the IEA bears no change in the narrative for the 2025 outlook. The US Dollar Index rallies further after President-elect Trump secures a majority in both Senate and House.

Crude has alternated between weekly gains and losses since mid-October, with traders weighing OPEC supply moves, US monetary policy, and the risks to oil-demand growth, especially in China. There’s ...

President-elect Donald Trump's pick of U.S. Senator Marco Rubio for secretary of state could signal stricter enforcement of ...

The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and ...

The recent string of oil price hikes may be coming to an end, with industry analysts projecting a slight dip in prices next ...

The IEA’s estimate is still a mile away from OPEC’s. Despite cutting its estimate of global ... bpd per year on average over ...

A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...