Opec has cut its oil demand forecast for the last three months in a row. This is becoming a ritual. Not even the most ...
Goldman Sachs expects oil prices to average $76 a barrel in 2025 based on a moderate crude surplus and spare capacity among ...
Saudi Aramco CEO Amin Nasser expresses optimism about China's oil demand and warns against underestimating future global oil ...
As U.S. crude oil and gas production nears a potential peak, the outcome of the 2024 presidential election could decide the ...
WTI futures traded around $69.97 per barrel, as of 9 a.m. ET. That’s an increase of 0.27% in the last 24 hours.
One of the most significant drivers behind the drop in oil prices was renewed concern over China’s slowing economy. China, as the world’s largest importer of crude oil, plays a pivotal role in shaping ...
Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth slowed and investors ...
Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.
Iran no longer has the ability to hold the global oil markets at risk. U.S. production and Iran's declined output are ...
Even as oil prices swirl amid the turmoil gripping the Middle East, many traders have remained resolutely pessimistic about ...
An increasing shift toward electric vehicles globally, especially in China, is poised to disrupt the global oil market, ...