Oil buckled after OPEC+ agreed to another bumper output increase, bolstering global supplies at a time when demand is ...

Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent ...

OPEC+ ramps up output by 800,000 bpd, setting a bearish tone as weak oil demand and rising inventories pressure the global ...

The major part of the sell-off was due to the fallout from "Liberation Day" on April 2, when President Trump announced much ...

Crude oil prices are headed for their worst monthly drop since 2021 as fears over a global economic downturn and demand shock ...

Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent ...

Inventories may increase by about 200m barrels over the next three quarters, which could drive crude toward the low $50s ...

Meanwhile, escalating global trade disputes threaten demand, with the International Energy Agency revising down its oil consumption forecasts for late 2024 and early 2025. While supply growth ...

The largest western oil producers are mostly sticking with their growth plans for now, despite a 16 per cent decline in crude ...

Crude futures posted back-to-back weekly losses as the market awaits the outcome of the OPEC+ weekend meeting.

Oil futures posted back-to-back losses on concerns about supply increasing while tariffs threaten to curb demand.

Crude oil prices capped their worst monthly drop since November 2021 as fears over a global economic downturn and demand ...