Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
US President-elect Donald Trump’s vow to impose 25% tariffs on imports from Canada — a threat that has been looming for more than a month — is finally starting to disrupt Canada’s oil industry.
Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread — the difference between ...
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...
Earlier on Friday, the US Treasury levied sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, and imposed ...
Colder weather than expected is driving up global oil demand for heating purposes, leading to a rise in oil prices for the ...
Crude oil prices are expected to face headwinds in 2025, with analysts largely projecting a bearish market due to rising non-OPEC+ production and tepid demand growth. While most forecasts agree ...
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude ...
Oil prices slipped on Tuesday after a U.S. government agency forecast steady U.S. oil demand in 2025 while lifting its ...