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.
Citi has forecast that oil prices will average $86 per barrel in the second quarter, slightly higher than current Brent price ...
Over the past month, oil has gone from a clear sell to what is now approaching an attractive buying opportunity for energy ...
WTI crude prices decline as OPEC keeps its demand forecast unchanged, while analysts and traders surveyed by Dow Jones Newswires forecast an 1.1 million barrels reduction in U.S. oil inventories.
Commodity analysts at Standard Chartered have revealed that hedge ratios for 2024 U.S. oil and gas output remain well below long-term averages ...
During early trading on Monday, oil prices experienced losses, primarily driven by indications of sluggish demand for fuel ...
OPEC left its estimates for global oil-demand growth unchanged for this year and next, while reporting a fall in crude output ...
Indeed, Joe Biden also seems to have a knack for the oil trade. Two years ago his administration initiated the largest ever sell-off from America’s Strategic Petroleum Reserve ( SPR ), an emergency ...
The price of 1 barrel of "Azeri Light" brand oil on the worldmarket decreased by 1.15 US dollars or 1.36 % and amounted to 83 ...
Oil futures declined on Wednesday after the International Energy Agency reduced its forecast for 2024 growth in oil ...