Oil prices end higher as traders weigh demand prospects, supply risks
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part by wider U.S. sanctions on Russia as well as cold weather in much of the U.
Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.
Oil prices slip on US energy demand forecast
Oil prices slipped on Tuesday after a U.S. government agency forecast steady U.S. oil demand in 2025 while lifting its forecast for supply.
U.S. Forecasts Sliding Oil Prices
The EIA thinks that U.S. production could average 13.5 million barrels a day in 2025, 300,000 barrels above its 2024 level of 13.2 million, which was a record. But production coul
Oil prices climb as traders weigh OPEC and IEA demand forecasts
Oil futures climbed Wednesday, finding support after snapping a three-day winning streak that had been driven in part by wider U.S. sanctions on Russia as well as cold weather in much of the U.S. and Europe.
Oil Prices Mixed on Falling U.S. Inventories, Potential Middle East Ceasefire
Oil prices were mixed after having firmed in morning trading in Asia, after U.S. crude inventories fell more than expected, ING said.
Oil little changed as falling US stockpiles outweigh soft demand outlook
Oil prices were little changed on Wednesday, after falling the previous day, as a dip in U.S. crude stockpiles and expectations of supply disruptions from sanctions on Russian tankers lent support amid forecasts for lower global fuel demand.
Oil Prices Are on a Tear. It’s a Short-Term Headache for Inflation.
Consumers are likely to see higher prices on gasoline front-loaded in the first half of 2025 and then see a slowdown start to ...
Oil prices climb 2% to 4-month high with sanctions expected to disrupt Russian supplies
Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S. sanctions on Russian oil would ...
Crude Oil Prices Up 6% In A Week, U.S. Maintains Russian Sanctions Won’t Hit Prices
The crude oil market is on the boil again with prices surging 6% in the past one week in anticipation of the U.S. sanctions ...
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Oil (WTI) Price
1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 573.31 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.86 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter ...
2025 U.S. Oil Outlook: Don’t Count On A ‘Drill Baby Drill’ Mentality
Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...
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Price of oil rises in anticipation of Trump and 'maximum pressure campaign'
Surprise sanctions package against Russia has grounded tankers while Trump's return brings greater uncertainty to market ...
Our Top Oil Pick For 2025 Is Buying Back Shares
Africa Oil Corporation's strategic growth, solid cash flow projections, and shareholder-focused initiatives make it a top oil ...
Why Oil Has Hit A 3-Month High With Brent Touching $80
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
Crude Oil Prices7h
Oil Rises as Crude Inventories Continue to Draw
Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year.