The US and other oil-producing nations will account for the bulk of crude supply growth in 2025, Bank of America said.
Oil prices fell on Friday as analysts continued to forecast a supply surplus in 2025 despite the OPEC+ decision to postpone ...
The Organization of the Petroleum Exporting Countries and its allies will further push back an oil production increase ...
Wall Street analysts are forecasting a bearish market for oil next year as the world's electrification shift progresses and ...
The expansion of Canada’s Trans Mountain pipeline represented a $24 billion bid to help the country’s oil producers reduce ...
Rising U.S. production and internal OPEC+ pressure limit the kingdom’s sway over prices. Trump is a new wild card.
The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other ...
Banks are gearing up for US oil prices to fall below $60 a barrel by the middle of President-elect Donald Trump’s new term in ...
The Biden administration reversed course, freezing exploration for oil in ANWR, but President Joe Biden didn’t galvanize ...
Petroleum giant Shell announced a plan to create a jointly owned energy company with Norway's Equinor on Thursday to build ...