Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...
Oil prices fell about 2% to a two-week low on Monday as news of surging interest in Chinese startup DeepSeek's low-cost ...
Major Wall Street banks lifted their oil-price forecast for the year amid growing uncertainties over the impact of U.S. trade ...
Report by US think tank National Center for Energy Analytics criticised IEA over what it said was organisation’s ...
The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices ...
Chevron reported lower-than-expected fourth-quarter earnings due to a loss in its refining division, despite strong upstream ...
Chart above shows the significant difference between EIA STEO forecast for World Oil demand from 2024 to 2026 compared with the OPEC forecast which is 1.5 Mb/d higher in 2026 and 1.1 Mb/d higher ...
Ultimately, I do think this is a market that’s ready to bounce given enough time, and the central banks around the world cutting rates could very well drive out demand for oil. Even if we were ...
Chevron expects Kazakhstan's Tengiz oil field, one of the largest of its kind in the world, to produce 1 million barrels of ...
TOKYO -- Experts are beginning to predict China's demand for crude oil may hit a ceiling earlier than previously forecast, as the world's second-largest economy undergoes a state-led structural ...
Phillips 66 reported a loss for the fourth quarter, as expected, but this loss was smaller than analysts had forecast as the ...
This allows Dow to manufacture at a significant cost advantage to marginal cost producers that rely on higher-cost crude oil-based feedstocks to make the same products. Dow’s commodity chemicals are ...