The U.S. Energy Information Administration is forecasted a drop in the price of crude oil for 2025 and 2026. EIA predicts ...

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 ...

Oil prices are expected to face downward pressures over the next 2 years due to global oil production outpacing demand, ...

Oil prices fell on Tuesday as investors assessed U.S. President Donald Trump's plans to apply new tariffs later than expected ...

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 ...

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 ...

Oil futures settled with a loss on Monday, with hopes for further economic stimulus from China and signs of strong demand for Middle Eastern crude failing to support prices in the wake of a ...

The Energy Information Administration released a report on Wednesday showing crude oil inventories in the U.S. fell by more than ...

U.S. oil futures ... earlier this year approved a plan to begin unwinding around 2.2 million barrels a day of production cuts in October but subsequently delayed that plan. At present, the plan ...