Marketplace2h
International Energy Agency predicts an oil surplus next year
A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...
Oil prices hold near 2-week low after OPEC cuts demand view, dollar rises
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...
Crude Oil Prices10h
IEA Warns of Oil Market Surplus Amid Weak Demand in 2025
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
China's weak oil demand may lead to global surplus of 1 mn barrels: How would crude prices react?
The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and ...
Reuters on MSN1d
Oil slips towards 2-week low on gloomy demand outlook
OPEC lower demand forecast, China concerns weigh Iran ready for possible oil export curbs after Trump win API weekly US ...
Crude Oil Prices16h
Oil Prices Inch Higher on Supply Tightness
Oil prices have risen slightly due to tightening supply conditions, despite concerns about weakening global demand, ...
OPEC Cuts Global Oil Demand Growth Forecasts For a Fourth Consecutive Month
OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...
Business Times2h
Oil settles slightly higher, investors focus on steep draw in fuel stocks
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...
Oil demand to fall to 80-100 million bpd by 2035, says BP's US chief economist
Global oil demand will fall to around 80 million to 100 million barrels per day by 2035 in a net-zero environment, BP's chief ...