OPEC's spare oil production capacity is the go-to argument by many analysts when the threat of higher prices rears its head. The latest International Energy Agency monthly report was no exception. But ...

Oil prices held near a two-week low on Wednesday after dropping about 7% over the prior three days on forecasts for less oil ...

Analysts from Standard Chartered note discrepancies between supply estimates from IEA, OPEC, and the U.S. Energy Information ...

Oil traders brace for bearish 2024 outlook as supply is set to outpace demand, with prices pressured by weak Chinese ...

Easing fears of an oil supply disruption in the Middle East, sluggish global oil demand outlook weigh on the WTI price. Any positive development surrounding more Chinese fresh stimulus plans could cap ...

Oil prices held near a two-week low on Wednesday after dropping about 7% over the prior three days on forecasts for less oil ...

The FTSE 100 index is set for a stronger session on the back of the US progress, with futures trading pointing to a rise of ...

Over-estimating China’s appetite for crude has been a factor in oil markets this year, especially by the Organisation of the Petroleum Exporting Countries (Opec), and it’s a theme that looks likely to ...

Between January and September, dated Brent averaged $82.7 per barrel, up only 1 Percent on-year,” the report noted. Despite ...

Crude oil prices have been steadier on Thursday around $70.50/b in Asian hours, ahead of the weekly EIA inventory release ...

Global oil demand will peak at 101.7 million bpd in 2030 with clean energy set to absorb future energy demand growth ...