World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

NYMEX WTI crude oil futures have traded in a range of $55.12 to $79.39 per barrel in 2025. At just above the $62 level in mid ...

Good afternoon and happy Wednesday, readers! Major natural gas exporter Venture Global clinched a key victory in an arbitration case against Shell yesterday, but the company’s legal battles are far ...

Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures fell as much as 1.6% to hover above $62 per barrel. Brent crude ( BZ=F ), ...

Global oil demand growth is weakening, with projections for 2025 revised downward, while supply is expanding rapidly, leading ...

World oil supply is projected to increase more rapidly than expected this year and next as the Organization of the Petroleum ...

The U.S Energy Information Administration (EIA) on Tuesday predicted that Brent crude spot prices could average below $60 per barrel in the fourth quarter, a level not seen since 2020. A statement by ...

Global crude oil tracked by Brent futures has fallen sharply, losing over 7% in August and extending its year-to-date decline ...

"The latest data show lackluster demand across the major economies," said the International Energy Agency in its latest report.