Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
Oil futures were marginally higher early Wednesday, with the U.S. benchmark consolidating below the $70-a-barrel threshold as ...
UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world’s largest ...
Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
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Oil prices hold near 2-week low on gloomy demand outlookOil prices held near their lowest in two weeks on Wednesday, a day after OPEC downgraded its forecast for global oil ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...
ExxonMobil announced on Wednesday it has reached 500M barrels of oil produced from Guyana's offshore Stabroek block ...
Oil prices pared losses from earlier in the session to trade higher on near-term supply risks as market looks to maintain ...
Oil prices fell as Donald Trump secured the presidency. Brent, the global benchmark for crude oil, fell nearly 2% to trade a ...
Oil prices rebounded on Wednesday, settling higher on short-covering a day after they fell near a two-week low on OPEC's ...
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