The International Energy Agency continues to forecast a significant supply glut in the oil market, but uncertainty over the ...
WTI prices have fallen since the start of 2025 and are down by 31.57% compared to 2022. Over the past year, the 52-week range ...
As a result of the fire, gas prices in the Bay Area are expected to increase by 10 to 25 cents per gallon, De Haan said.
OPEC+ production increases are creating a complex geopolitical landscape, impacting global oil prices, US energy policy, and ...
1557 ET – Sanctions placed on Iranian oil by the EU were overshadowed by reports of OPEC+ increasing the production coming out of member oil refineries. “It appears that the market wants to believe ...
Enverus warns U.S. shale is entering a new era of higher costs. Breakevens may rise from ~$70 to as much as $95 per barrel by the mid-2030s as core inventory depletes. Permian shale growth slows while ...
Oil production from producers outside of the Organisation of Petroleum Exporting Countries (OPEC) will start to decline if ...
China is rapidly expanding its oil storage capacity, adding 11 new sites totaling 169 million barrels as it takes advantage ...
The amount of oil on tankers in transit has jumped to the highest since 2016, and this is cause for concern because it means ...
The biggest and best surprise for bulls in the fourth quarter could be the oil price cracking, says Bank of America's Michael ...
The International Energy Agency forecasts a significant oil oversupply, but nearly 1.5 million barrels per day of 'unaccounted' oil in August casts doubt on its projections. This discrepancy, ...