Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...

The oil market has shifted from concerns of a surplus to fears of a deficit due to factors such as sanctions and increased ...

Many variables affect oil prices, but the key driver is the basic principle of supply and demand. The big question is: What affects the supply and demand of oil? Supply and demand based on global ...

By peak oil, I am referring to the peak oil supply theories, which are unrelated to peak oil demand, although some confuse the two. (Googling recent peak oil references brings up primarily peak ...

In November, global oil supply rose by 130,000 barrels per day to 103.4 million barrels per day, according to the report. The growth was 230,000 barrels per day more than the same period last year.

"Oil is not going to be in short supply, so we keep more of a bearish stance on oil [in 2025]," Francisco Blanch, head of Bank of America's global commodities and derivatives research, said during ...

In Libya, local protesters prevented crude oil loadings on Tuesday at Es Sider and Ras Lanuf ports, putting about 450,000 barrels per day of exports at risk. However, fears of supply disruption ...

The price of West Texas Intermediate (WTI) crude oil futures topped $79 per barrel for the first time since August this week on the back of Russia-related supply worries. Late last week ...

Global oil markets face a smaller surplus this year than previously expected amid stronger demand and new risks to supply, the International Energy Agency (IEA) said. World inventories are set to ...

Washington imposed fresh sanctions on Jan. 10 targeting Russia's oil supply chain, causing tanker freight rates to soar as some buyers and ports in China and India steered clear of sanctioned ships.