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

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

Digital’ demand refers to the growth from the expected ramp-up ... S&P Global explained that concerns over refined copper ...

A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...

In economics 101, we learn that market price and equilibrium volume are determined where demand meets supply, all else remaining constant. At this ...

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

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 ...

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 ...

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

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 ...