The OPEC basket crude oil prices advanced on a monthly basis in November and December 2024, after declining three times in ...

OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely ...

Qatari Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al-Thani confirms cease-fire agreement during press ...

Crude oil prices continued to rally on Thursday as a drop in US stockpiles and a softer inflation buoyed sentiments in the ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

Oil futures were up modestly 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 ...

Commercial crude stockpiles in the US posted a bigger draw than projected last week, government data showed Wednesday, while oil prices rallied as markets evaluated two other oil market reports.

Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa ...

The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.

Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...

IEA revises 2025 global oil demand outlook to 1.05 million barrels per day, citing economic recovery and lower fuel prices. OPEC projects higher growth.