Oil futures fell for the week as concerns about potential oversupply and disagreements among OPEC and its allies overshadowed ...

Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and ...

Oil prices edged higher on Friday but were set for a weekly decline, under pressure from market expectations of oversupply ...

A halt to Russia's war in Ukraine and the easing of sanctions against them could allow more Russian oil to flow to global ...

“As global demand for biofuels has risen, securing reliable shipping solutions has become complex and costly. In order to ...

The Organization of the Petroleum Exporting Countries reduced its oil-demand outlook for this year and next, citing the ...

Crude oil futures are down about 13% since President Donald Trump announced his sweeping tariff plan on April 2.

A double whammy of demand threats from global tariff war and increased supply has opened up the way for considerable downside volatility in oil markets, analysts say. “Premiums for downside ...

The combination of growing supply and lower demand leads EIA to expect the Brent crude oil price to average less than US$70/bbl in 2025 and fall to an average of just over US$60/bbl in 2026. Those ...

This forecast is detailed in the EIA's April STEO, which highlights significant uncertainties in energy supply, demand and prices.

President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil ...