Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, ...
Meanwhile, oil supply and demand are driven by at least five key ... "Crude Oil Prices - 70 Year Historical Chart." BBC News. "Euro hits 12-year low against dollar." The World Bank.
Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...
Vitol, which trades about 7 per cent of the world’s oil supply every day, expects global demand to peak at almost 110 million barrels per day at the end of this decade, and then retreat to ...
Oil stocks are often volatile, influenced by geopolitics and supply-demand imbalances. Investments in oil stocks should focus on companies with strong financial health and low operation costs.
OPEC has reiterated its earlier forecast that global oil demand will ... heavy lifting with demand growth expected to come in at 1.3 mb/d vs. 0.1 mb/d for OECD. On the supply side, OPEC has ...
Some argue that financial speculation plays a role larger than supply and demand fundamentals in driving oil price volatility. What do we know about the influence of derivatives trading on oil ...
That said, if the hit to supply from weather, sanctions or other developments is substantial, oil stocks can be quickly drawn to meet near-term demand, the IEA said in its report, while noting it ...
The International Energy Agency slightly lowered this year's global oil-demand outlook ... should cover both potential supply disruptions and expected demand growth," the IEA said.
US drivers could get some relief at the pump in the next two years as oil supply surpasses global demand, according to the US Energy Information Administration. The agency said US gasoline prices ...
OECD oil demand for fourth-quarter 2024 has been raised by 250,000 b/d, underpinning a 90,000 b/d upward adjustment to IEA’s global growth estimate for 2024. World oil supply inched higher by ...