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NEW YORK] Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was ...
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WTI crude oil (CLQ25) on Friday closed up +1.88 (+2.82%), and August RBOB gasoline (RBQ25) closed up +0.0346 (+1.61%). Crude ...
Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...
Saudi Arabia’s energy ministry stated that the kingdom remained fully compliant with its voluntary OPEC+ production target in ...
BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...
OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...
The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency (IEA) said on Friday, as refineries ramp up processing to ...
Here's a look at what happened in oil markets in the week of July 7-11 and what the focus will be on in the days to come.
The IEA forecasts that with higher OPEC+ targets for August, world oil supply is projected to rise by 2.1 mb/d to 105.1 mb/d this year ...
The IEA forecasts global oil supply growth will significantly outpace demand in 2025, though a tight summer market is keeping ...
BP Flags Hit From Lower Oil, Gas Prices But Expects Production Rebound BP warned lower oil and gas prices would hit its second-quarter performance, but said it expects higher upstream production and a ...