Oil prices closed slightly higher in choppy trading on Thursday, as a steep draw in US fuel stocks outweighed oversupply concerns and demand worries stemming from a stronger dollar.
Both United States and global oil production are set to rise to slightly larger record highs this year than prior forecasts, ...
A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
"There is more oil available. What we need is stability and predictability so that in the period ahead countries can base ...
The monthly report from the IEA bears no change in the narrative for the 2025 outlook. The US Dollar Index rallies further after President-elect Trump secures a majority in both Senate and House.
Oil prices rose about 1% on Thursday, paring some of the sharp declines seen earlier this week due to a stronger U.S. dollar ...
The United States is expected to increase domestic production of crude oil under the upcoming presidency of Donald Trump, ...
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The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and ...
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
For India, which is the world's third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its ...
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