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 ), ...

We are now in the midst of World War 3—and Iran has become the decisive battleground. The US and Israel may be willing to ...

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

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

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

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

Oil demand will be slower than expected as supply grows over the coming year, the International Energy Agency (IEA) said in its latest market report Wednesday, offering U.S. President Donald Trump ...

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 ...

The International Energy Agency says the world is heading straight into a record-breaking oil surplus in 2026, as global demand growth slows down and ...