Brent has broken above US$82/bbl. Falling US crude oil stocks and uncertainty over Russian oil supply following US sanctions, ...

Crude oil futures resumed their rally Wednesday, driven to their highest levels since August by renewed support from the prospect of supply curbs due to U.S. sanctions on Russian oil and winter ...

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...

Traders have been keeping a close watch on prospects for oil demand. OPEC's forecast for global oil-demand growth in 2025 was little changed at 1.4 million barrels a day, and the organization said it ...

Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...

U.S. crude-oil futures rose more than $1, helped by robust distillate heating oil demand amid a winter blast in U.S. and Europe and as the energy market focused on possible supply disruptions because ...

Moscow time (3:30 p.m. GMT) the price of March futures for Brent oil on London’s ICE was up by 1.35% at $81 per barrel while the price of futures for WTI oil with March delivery was up by 1.99% at $79 ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

IEA Expects Oil Demand Growth to Accelerate But Still Projects Surplus The International Energy Agency anticipates an acceleration in global oil-demand growth this year, but still expects the market ...

It remains to be seen how the incoming Trump administration will handle enforcement.