Oil prices edged lower, but remain supported by concerns over the effect of U.S. sanctions on Russian flows and a larger-than-expected drawdown in U.S. stockpiles, with ANZ adding that the ...
Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...
The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...
Traders have been keeping a close watch on prospects for oil demand. OPEC's forecast for global oil-demand growth in 2025 was little changed at 1.4 million barrels a day, and the organization said it ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
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.
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...
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Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions ...
A Reuters poll showed that U.S. crude oil stockpiles fell by about 1 million barrels in the week to Jan. 10, ahead of an ...
Asian shares are mixed after gains for oil and gas producers helped offset drops for Nvidia and other Big Tech companies on ...