Helima Croft, RBC head of global commodity strategy, joins 'Power Lunch' to discuss the global oil market, the United States' attempt to diversify its oil suppliers and much more.
Crude oil's Tuesday bull flag breakout collapsed Wednesday, closing below the $59.04 swing low and 61.8% Fibonacci at $58.94.
Goldman Sachs expects global oil demand to grow to 113 million barrels per day in 2040 from 103.5 mbpd in 2024, driven by rising energy needs and ongoing challenges in low-carbon technology and infras
Oil prices gained some ground despite the EIA report, which indicated that crude inventories increased by 6.4 million barrels from the previous week.
Crude oil inventories increased last week by 6.4 million, exceeding expectations, as U.S. production hit a record high and exports fell.

Crude Oil Price Outlook – Crude Fills the Gap

09:56am, Thursday, 13'th Nov 2025
Crude oil shows a tentative bounce on Thursday after a sharp Wednesday selloff, with traders doubtful about sustained recovery. Both WTI and Brent face significant overhead resistance, with rallies li
In a sharp shift in tone, the latest outlook from the world's top energy agency signals that oil demand could keep growing through to 2050. The International Energy Agency had previously estimated a p
The oil market is becoming increasingly unbalanced with global inventories continuing to climb and an even larger surplus expected this year, the Paris-based organization said.
Oil slips below $59 as rising U.S. inventories and OPEC's surplus outlook pressure prices; traders eye $60 support amid bearish sentiment.
Oil prices dropped on shifting OPEC forecasts, while natural gas shows bullish momentum, and the U.S. dollar index remains in consolidation with key levels in focus.
Oil prices fell for a second day on Thursday as an industry report showing rising crude inventories in the U.S., the world's biggest crude consumer, reinforced concerns that global supply is more than

Oil Extends Declines Amid Headwinds

08:23pm, Wednesday, 12'th Nov 2025
Oil extended overnight price declines in the early Asian session amid many headwinds.

Pressure Will Stay On Oil Prices, Chevron CEO Says

05:53pm, Wednesday, 12'th Nov 2025
Chevron Chairman and CEO Mike Wirth talks about the outlook for oil prices, a new model for powering AI and how the Trump administration has opened doors for new deals. Wirth says increased oil supply
Mark Newton, Fundstrat global head of technical strategy, joins 'Power Lunch' to discuss if oil prices will benefit equity markets, gasoline prices around the country and much more.
Oil markets react to the OPEC report, which indicated that the oil-producing group did not expect a supply deficit in 2026.
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