Oil prices fell on Friday as analysts continued to forecast a supply surplus in 2025 despite the OPEC+ decision to postpone ...
Oil futures settled lower on Friday to tally losses for the week, a day after a decision by the Organization of the Petroleum ...
The US and other oil-producing nations will account for the bulk of crude supply growth in 2025, Bank of America said.
The Organization of the Petroleum Exporting Countries and its allies will further push back an oil production increase ...
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 ...
Rising U.S. production and internal OPEC+ pressure limit the kingdom’s sway over prices. Trump is a new wild card.
Morgan Stanley and HSBC revised down their expectations for an oil market surplus next year and forecast a Brent price of $70 ...
The expansion of Canada’s Trans Mountain pipeline represented a $24 billion bid to help the country’s oil producers reduce ...
The Biden administration reversed course, freezing exploration for oil in ANWR, but President Joe Biden didn’t galvanize ...
"The supply was restored this morning, and oil is once again flowing through the Druzhba pipeline to the Czech Republic," ...