The International Energy Agency forecasts a larger oil market oversupply due to tepid demand growth and surging supply from ...

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 ), ...

Iranian crude builds up offshore as over 30 million barrels float near Malaysia, the highest in more than five years.

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 ...

An estimated 30 million barrels of Iranian crude oil are floating unsold in Malaysian waters. China, the main buyer of the ...

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 ...

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 ...

A US-sanctioned Iranian tanker was sold for scrap in Alang, India, under a secretive deal with extended payment terms and ...