$70 Oil? Analysts Cut Forecasts as Supply Surges
Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the…
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…
American Oil Is Underhedged and Heavily Exposed
Hedging is a popular trading strategy frequently used by oil and gas producers, airlines and other heavy consumers…
Oil slips after US-Russia agreement on 30-day energy ceasefire
By Laila Kearney and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices fell on Wednesday after Russia agreed to U.S.…
Crude Stockpiles Rise, But Gasoline and Distillates See Big Draws
By Julianne Geiger – Mar 12, 2025, 9:41 AM CDT Crude oil inventories in the United States saw…
Guyana’s Oil Exports Skyrocket—And Europe’s Refiners Love It
Five years after an Exxon-led consortium produced the first oil offshore Guyana, the country is pumping more than…
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,…
Can Oil Prices Overcome Economic Uncertainty?
Crude oil prices faced another volatile week as traders balanced conflicting fundamentals. While supply-side data offered some bullish…
Too Risky To Trade? Shorts and Longs Are Cutting Risk in Oil
On Tuesday, U.S. President Donald Trump threatened to double his planned tariffs on Canadian steel and aluminum from…
Trade War Uncertainty Keeps Oil Traders on Edge
Crude oil prices remain under pressure, struggling to gain upside traction as bearish fundamentals dominate sentiment. A combination…
Restoring U.S. Oil Reserve to Capacity Could Take Years, Cost $20 Billion
3/7/2025 (Reuters) — U.S. Energy Secretary Chris Wright estimates it would take $20 billion and years to accomplish…
Petrobras Gears Up for Offshore Boom
Petrobras is beefing up its offshore game, throwing four more support vessels into the mix by 2026—bringing the…