The projected surplus has narrowed due to lower OPEC+ production, but a large supply overhang continues to cloud the outlook, ...
Russia’s crude oil output last month was well below its OPEC+ quota, as the country struggled to find buyers for its ...
Key crude prices in the Middle East have dropped to their weakest level against the Brent benchmark in two months, signaling ...
World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with ...
Russian oil production edged up in November to 9.367 million barrels per day, up 10,000 bpd from October, after the OPEC+ ...
Dow Jones Top Energy Headlines at 7 AM ET: Oil Inches Higher But Ukraine Talks, Oversupply Concerns Cap Gains | Regime ... Oil prices edged higher though gains were capped by diplomatic efforts to end ...
Oil prices are slipping under the weight of a visible supply glut, fading Western demand, and swelling inventories. A dangerous setup for anyone chasing the next bounce. While the near-term tape warns ...
Korea Zinc to Build $7.43 Billion Smelter in U.S. Korea Zinc, the world's largest zinc smelter, plans to build a $7.43 billion U.S. plant to produce key metals and minerals, under a joint venture ...
Oil and natural gas retreat as growing supply forecasts, weak momentum signals, and bearish technical patterns raise downside ...
Global supply is set to grow by 2.1m b/d next year, while demand looks to be more modest at around 800k b/d. Read more here.
OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...
The concerning part is that oil prices may remain weak beyond 2026. OPEC+ will need to act and manage the situation ...