Major Wall Street banks lifted their oil-price forecast for the year amid growing uncertainties over the impact of U.S. trade ...

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

U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly ...

Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...

Oil prices edged higher but remained near a two-week low on Tuesday, as weak economic data from China and rising temperatures ...

But would demand be strong enough to absorb the growing global supply without pushing prices dramatically lower? Here’s the run-down. Gross margins for US dairy farmers have peaked but remain ...

In its latest monthly report, the Organization of the Petroleum Exporting Countries (OPEC) has kept global oil demand growth unchanged at 1.4 million b/d for 2025. It projected a similar growth rate ...

The Organization of the Petroleum Exporting Countries stuck to its oil demand forecast for this year ... against Russia raised concerns over supply disruptions. Crude has had a strong start ...

The Organization of the Petroleum Exporting Countries (OPEC) has forecast global oil demand growth rate at 1.4 million barrels ... mostly in China and the Middle East,” the report added. On the supply ...

then you have softer oil prices and supply slows down a bit. “But if you truly have very little oil demand growth then that is a different oil market in the future than it has been in the past.” Many ...

The global peak in oil production was reached in November 2018 at 84.6 mb/d. As of September 2024, global oil production has decreased by nearly 4 mb/d to 80.8 mb/d. The total liquids supply is ...

[Stay on top of transportation news: Get TTNews in your inbox.] OPEC forecast another year of steady oil demand growth, driven by India and China, in its first detailed assessment of 2026.