News

Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures ...
Surging oil supplies has prompted the U.S. Energy Information Administration to forecast a significant decline in oil prices. In its August Short-Term Energy Outlook, the agency expects the Brent ...
Healthy food production and ample foods stocks are aiding softer prices. Core inflation, too, lent support, sharply falling to 3.9 per cent from 4.4 per cent ...
In case natural gas manages to settle above the $2.80 level, it will head towards the resistance at $3.00 – $3.05. WTI oil ...
The IEA raises its projections for oil supply growth in 2025 while trimming demand forecasts, citing weaker fuel consumption ...
The NYMEX September West Texas Intermediate oil contract was 89cts lower at $62.28/bbl and October WTI was down by about the same to $61.59/bbl at about 11:30 a.m. ET. The October Brent crude contract ...
Crude oil inventories in the United States increased by 3.0 million barrels during the week ending August 8, after dropping ...
Oil prices fell over 1% on Wednesday after a U.S. crude supply unexpectedly rose, but losses were limited after the U.S.
The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...
U.S. stocks are ticking higher after a rally spurred by hopes for lower U.S. interest rates wrapped around the world. The S&P 500 was up 0.3% in early trading Wednesday, ...
World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said ...
IEA Lifts Global Oil Supply Forecast, Signaling Bigger Surplus Ahead Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than three ...