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A rising oil price is bad news for motorists, and Rachel Reeves. The economy shrank by 0.3% in May. With households already ...
The EIA said oil output would decline by 50k b/d YoY in 2026 to 13.37m b/d. Meanwhile, the European Commission is proposing a ...
A sudden rise in crude prices driven by a renewed fear of a military confrontation between the US and Iran has caught out bearish traders, forcing many to rethink their near-term ...
The combined net profits of Russia’s oil and gas companies nearly halved in the first quarter from a year earlier, while ...
Global oil investments are expected to drop 6% in 2025, in the first such decline in a decade excluding the year of the Covid ...
US crude oil production likely will fall over the next 18 months as producers cut back on drilling activity in response to ...
Oil prices could fall below $50 this year as a flood of new supply from OPEC and its allies comes onto the market in the ...
U.S. crude-oil inventories fell last week by 3.6 million barrels, surpassing an expected decline of 1.6 million-barrels.
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