Oil fell following a bearish IEA report that included a reduced oil demand growth forecast, as well as reduced fears of a Middle East conflict and a broader risk-off trade across markets.
Oil prices slide as IEA warns of a 3.7M bpd surplus. WTI dips below $63, Brent tests $67, while natural gas holds $3.15 amid ...
By Alex Lawler LONDON, Feb 11 (Reuters) - OPEC on Wednesday forecast world oil demand from the OPEC+ group will drop by ...
Oil prices fell sharply after the IEA cut its demand growth forecast, intensifying concerns that rising supply could lead to ...
From the technical point of view, Brent oil faced strong resistance near the $70.00 level and pulled back towards the $67.00 level. RSI is in the moderate territory, so there is plenty of room to gain ...
Oil prices surged in early 2026 due to supply disruptions from weather, sanctions, and geopolitical tensions, but recent ...
The International Energy Agency has cut its 2026 global oil demand growth estimate to 850,000 barrels per day, citing growth solely from developing economies led by China, while confirming an expected ...
September WTI crude oil (CLU25) on Tuesday closed down -0.79 (-1.24%), and September RBOB gasoline (RBU25) closed down -0.0022 (-0.11%). Crude oil prices on Tuesday fell on the possibility of ...
More than two dozen banks have cut their 2025 forecasts for oil prices in the wake of OPEC's move to accelerate production hikes later this summer, according to a new survey by corporate law firm ...