Oil prices surged on Wednesday, with West Texas Intermediate light crude rising about 4% to above $80 per barrel for 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.
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 ...
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.
The Energy Information Administration expects a drop in oil prices over the next two year due to increased production across ...
The Energy Information Administration released a report on Wednesday showing crude oil inventories in the U.S. fell by more than ...
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 expects 2026 demand to grow by the same amount. That would bring ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
Natural Resources Minister Wilkinson proposed Canada and the U.S. form an alliance on energy and mineral trade to avoid a potential trade war if president-elect ...
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 ...