Oil futures declined on Wednesday after the International Energy Agency reduced its forecast for 2024 growth in oil ...
World oil demand is forecast to grow by 1.1 million barrels per day this year, down 140,000 bpd from last month's projection.
Oil futures edged lower Thursday, losing ground after a relief rally sparked by data showing a slowdown in key U.S. inflation ...
Deere trimmed its annual profit forecast for the second time on Thursday, as farmers buy fewer tractors and combine ...
On the contrary, should OPEC choose to remove the cuts, ANZ said its fair value models suggest prices could fall as low as $75/bbl ... the Declaration of Cooperation until end-December 2025. Oil ...
Oil prices have pulled back sharply to a three-month low as a combination of demand concerns and easing geopolitical premium ...
Commodity analysts at Standard Chartered have revealed that hedge ratios for 2024 U.S. oil and gas output remain well below long-term averages ...
Crude oil prices are expected to remain volatile over the near-term with a bullish bias due to reduced inventories and ...
there was plenty of scope for prices to fall as inventories built. Fading speculators has undoubtedly been the best way to ...
Although Russia faces an array of sanctions on its energy exports, its oil firms have been able to keep selling their stuff. On top of this, global demand for crude has been sluggish. Both factors ...
According to local Iraqi news sources the first phase of the delayed CSSP oil project is expected to be operational by 2028.