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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.
"If the U.S. is bent on imposing tariffs, China will fight to the end, and this is China's consistent official stance," said ...
China has taken a firm stance against U.S. demands that it stop buying oil from Russia and Iran or face a possible 100% ...
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 ...
LONDON (Reuters) -World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase ...
Global crude oil tracked by Brent futures has fallen sharply, losing over 7% in August and extending its year-to-date decline ...
Goldman Sachs has maintained its Brent crude forecast at $64 for Q4 despite rising geopolitical tensions, sanctions, and ...
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 ...
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