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Oil Prices Inch Lower As IEA Cuts Demand Forecast, Warns of Looming Glut

The International Energy Agency forecasts a larger oil market oversupply due to tepid demand growth and surging supply from ...

Oil prices little changed as industry report points to slowing US demand

Oil prices were little changed on Wednesday after falling in the previous session after an industry report showed U.S. crude ...
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Weeks of fuel price hike end amid expected oil supply boost

After four straight weeks of fuel price hikes, motorists will see some relief at the pump starting Tuesday, August 12, with ...
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One of Russia’s Largest Oil Refineries Halts Crude Intake

Ukraine’s drone campaign against Russian energy assets has taken out another major target—this time Lukoil’s Volgograd ...

Saudi crude oil price hike is at odds with regaining market share

OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a ...

Oil prices projected to fall below $60, risking Trump drilling goals

The Energy Information Administration forecast that oil prices will dip below $60 per barrel this year, putting the Trump ...
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IEA: Record Supply Surge Sets Stage for Oil Stockpile Blowout

IEA: Global supply is set to surge while demand growth stays weak, with inventories potentially building at nearly 3 million ...