But any relief offered by the US data was limited by a solidifying long-term outlook that spells trouble for crude. The IEA on Thursday warned that the oil market faces a surplus of more than 1 ...
One aspect of oil prices is what is close to a recession in China. GDP there hovers around 4% growth, and the government in ...
Oil prices were headed for a weekly loss on Friday as concerns over weakening demand from China weighed on prices.
The Zacks Oil and Gas - Exploration and Production - Canadian industry faces mixed dynamics. Weaker Chinese consumption, a critical factor in global oil pricing, has prompted OPEC+ production cuts. If ...
Occidental Petroleum's reported impressive 3Q 2024 results, including record production of 1.4 million barrels/day. See why ...
Oil prices are set to end the week lower than they started as expectations of weaker global economic growth fuel expectations ...
The U.S. Energy Information Administration lowered its Brent spot average price forecast for next year in its latest short ...
Experts believe prices would remain bearish in the short term and might further collapse as the oil market witnesses rising ...
The Paris-based agency left its 2025 oil demand growth forecast little changed at 990,000 bpd. At the same time, it expects ...
Oil prices fell on Friday as investors weighed signs demand in top crude importer China continues to underperform amid the ...
European gas prices are trading at their highest levels since November last year on concerns that some Russian pipeline flows ...
Geopolitical tensions and weak Chinese demand weigh on natural gas and oil prices, with technical indicators suggesting ...