The U.S. Energy Information Administration is forecasted a drop in the price of crude oil for 2025 and 2026. EIA predicts ...
China's surplus crude oil eased slightly in December, but the excess surged in 2024 to more than 1 million barrels per day ...
Oil prices are expected to face downward pressures over the next 2 years due to global oil production outpacing demand, ...
Despite the increased targets and recognition of more risks to supply, Citi maintained a generally bearish view for 2025 crude markets. It said Trump has let go of a notable hawk on Iranian ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
The supply of crude oil is limited, however, and cannot be increased further, since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result ...
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
Crude oil ( CL1:COM) is the most overbought since the 2023 peak, when it surpassed $91 – currently at $77.71. Crude oil ( CL1:COM) is surging into a downtrend resistance. Futures are down 5.71% from ...
The Energy Information Administration released a report on Wednesday showing crude oil inventories in the U.S. fell by more than ...