LIVE: Oil Prices Up 3% on Shifting Geopolitical Landscape
Oil prices edged up slightly, with Brent crude trading at $68 per barrel and WTI at $65. The…
U.S. Onshore Oil Production Faces Economic Policy Challenges
US oil and gas operators have encountered an avalanche of economic policy changes from the Trump administration over…
OPEC Lowers 2025 Oil Demand Forecast on Trade Tensions
?OPEC has revised its global oil demand growth forecast for 2025, citing escalating trade tensions and weaker-than-expected economic…
Oil Prices Resume Downward Spiral
In a stunning pivot, President Trump’s decision to pause reciprocal tariffs on most nations—while slamming China with a…
Standard Chartered: Time To Dial Down the Oil Panic?
Oil prices earned an unexpected reprieve on Wednesday afternoon, regaining over 3% immediately following U.S. President Donald Trump’s…
LIVE: Oil Prices Continue to Fall
As bearish sentiment builds in oil markets, major banks are slashing their price forecasts for both Brent and…
OPEC+ To Increase Oil Production in May: Report
OPEC+ is expected to agree on a plan that would see production for the group increase in May,…
Global Oil Demand Robust Despite Tariff Chaos
Oil prices rallied on Wednesday after U.S. government data showed a draw in fuel inventories. Brent crude for…
Oil’s Oversupply Spiral: Can Prices Stay Above $60?
The International Energy Agency just threw a bucket of ice water on oil bulls, reporting that crude supply…
Barclays Slashes Oil Price Forecast on 500,000 Bpd Demand Growth Cut
Barclays sees Brent Crude prices at $74 per barrel this year, down by $9 from its previous forecast,…
Russia Sees Global Oil Demand Rising in Summer Driving Season
The next few months will see an increase in global oil demand as fuel consumption will rise in…
Oil Caught Between Tariff Threats And Supply Constraints
Crude oil futures have remained largely stable this week, with prices hovering around the $70 per barrel mark.…