Global oil supply is set to rise three times faster than demand this year, the International Energy Agency said in its ...

Oil prices rose despite OPEC+ increasing output, exposing tighter-than-expected global crude and diesel markets.

The International Energy Agency has hiked its forecasts for global oil supply this year and next, while noting that 2025 ...

The global oil market in 2025 has become a delicate balancing act, influenced significantly by the decisions of ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

The IEA forecasts global oil supply growth will significantly outpace demand in 2025, though a tight summer market is keeping ...

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

UBS announced a revised outlook on the global oil refining industry, anticipating a significant tightening of supply balances ...

Oil prices are soaring to seven-year highs, but don’t expect US oil producers to ramp up supply. On the face of it, it’s an ideal time for US firms to cash in on high prices after Russia’s ...

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices higher.

Ethiopian Prime Minister Abiy Ahmed recently announced that his country will supply domestically produced natural gas to the ...

Global oil supply is set to rise three times faster than demand this year, The Wall Street Journal reports.  That’s according to the International Energy Agency’s latest monthly report, which notes ...