The International Energy Agency forecast global oil supply will exceed demand in 2025 even if cuts remain in place from OPEC+ ...
The volume of Premium Motor Spirit (petrol) imported into Nigeria surged in October, a report by the Organisation of the ...
As with last year’s COP28 climate talks in Dubai, significantly more fossil lobbyists have been granted access to COP29 than ...
A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...
Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
Rising crude oil imports will signal that the measures are working. This would be good news for tanker owners. OPEC extended ...
The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...
The Paris-based organization forecasts global demand to grow by 921,000 barrels a day in 2024 from 862,000 barrels a day previously, largely due to stronger-than-expected gasoil deliveries in OECD ...
This comes after the Organization of the Petroleum Exporting Countries on Tuesday again cut its global oil demand growth ...
The Nymex December RBOB contract was 0.65ct lower at $1.9565/gal and the January contract was off by 0.75ct at $1.9285/gal. The December ULSD contract was down by 0.8ct at $2.2025/gal and January ULSD ...