Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in ...

Global oil supply will exceed demand in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said ...

Global oil demand is expected to expand by 920 kb/d this year, the International Energy Agency said on Thursday. Read more ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

Oil prices steady as IEA forecasts 2025 surplus; strong dollar and rising U.S. output add bearish sentiment to crude market ...

"OPEC+ has sought opportunities to raise output ever since it started ceding market share in late 2022. The group unveiled an ...

Yet, the recent uptick in China’s lithium demand will not be enough to erase the sizeable global glut that has accumulated ...

The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and ...

The IEA has revised its global oil demand growth forecast upwards for 2024 but warns of weak demand and a potential supply ...

Crude oil prices are pressured downward by rising supply and limited demand, with geopolitical risk premiums decreasing post-Trump's election. A potential surplus is expected in 2025 due to weak ...

Investing.com -- OPEC and its allies, or OPEC+, are facing unfavourable backdrop for the plans to boost production as a potential crude surplus in 2025 and cooling demand will likely continue to ...