Expected demand for OPEC+ crude at 43.0 million bpd in 2026 implies that the world market will show a small surplus of 20,000 ...

Oil prices fell more than $2 a barrel on Wednesday, weighed down by an OPEC report saying global oil supply will match demand ...

Oil prices edged down on Thursday, extending losses from the previous session, as a report showing rising crude inventories ...

Oil prices edged up on Thursday, taking a break after major losses in the previous session, as investors weighed concerns ...

Crude oil prices fell sharply, pressured by mounting concerns of an oversupplied market after OPEC said it now expects a ...

This outlook highlights an increasingly imbalanced market, with global supply outpacing modest demand increases. Rising ...

Oil slips below $59 as rising U.S. inventories and OPEC’s surplus outlook pressure prices; traders eye $60 support amid ...

Oil prices fell sharply on Wednesday after OPEC said it now expects the global market to be balanced in 2026, abandoning its ...

Oil prices steadied on Wednesday after a sharp 4% slide the day before, with Brent trading near $63.08 and WTI around $58.80 ...

There are currently serious fears about a glut in the oil markets – too much oil. And an abundance of oil has the effect of ...

Oil futures tumbled midday after OPEC and allied producers signaled that global supply could match demand by 2026, a shift from earlier deficit projections. As of 11:40 a.m. ET, NYMEX crude oil ...

Oil prices jumped about 2 per cent on Friday on supply fears after a Ukrainian drone attack hit an oil depot in the Russian ...