Traders Spooked by Massive Crude Inventory Build
The American Petroleum Institute (API) estimated that crude oil inventories in the United States increased by a large…
Speculators Flee Crude as Oversupply Drains Future Bets
By Ed Dolan – Sep 19, 2025, 10:21 AM CDT 1. Speculators Flee Crude as Oversupply Drains Future…
IEA reiterates ‘no new oil and gas needed’ if global warming is limited to 1.5C
The world would not need to invest in new oil and gas projects if demand for the fuels…
IEA: Oil & gas decline rates sound the alarm over global energy security risks
Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has…
Chronic Oil Volatility Becomes Oil’s New Normal
As the IEA is about to revise its peak oil demand scenario radically, the global oil market is…
Crude oil futures fall as IEA report signals rising supply
World oil production is now projected to rise by 2.7 million barrels a day to 105.8 million barrels…
IEA: Record Supply Surge Sets Stage for Oil Stockpile Blowout
Soaring crude oil supply will lead to a record glut later this year and in early 2026 as…
Global Gas Flaring Surges to 17-Year High
Despite big promises by oil majors to reduce gas flaring, the practice continues to be a major issue,…
U.S. Threatens IEA Withdrawal Over ‘Politicized’ Energy Forecasts
Energy Secretary Chris Wright speaks with reporters at the White House, Wednesday, Feb. 26, 2025, in … More…
Russia’s Oil Export Revenues Dip 14%
Russia’s export revenue from crude oil and petroleum products slumped by 14% in June compared to the same…
Six more locations for monster reserves to stock up crude oil for India
The government has asked state-run Engineers India Ltd (EIL) to make detailed feasibility reports (DFRs) to build such…
IEA Doubles Down On Peak Oil Demand Forecast
A peak in global oil demand is still on the horizon, the International Energy Agency (IEA) said on…