The companies are shifting to supply power to data centers. They still risk their services going obsolete.
Toril Bosoni, head of oil markets at the International Energy Agency, discusses the outlook for oil supplies, prices and OPEC+ production. A record oil surplus projected for next year is looking even
Global oil markets are bracing for an even larger surplus than previously anticipated as supply growth continues to far outstrip demand, the International Energy Agency said.
The International Energy Agency on Thursday raised its forecast for global oil supply growth this year following OPEC+'s decision to hike production and also increased its demand growth forecast citin
WTI crude steadies near $63.55 as geopolitical risks lift supply fears, while inventories surge and traders weigh Fed policy support.
The kingdom is betting that sunshine can power new AI data centers and help boost oil exports.
Oil and natural gas prices are reacting to geopolitical tensions and shifting macro trends, while the U.S. dollar index remains under pressure ahead of key inflation data
Oil prices were flat on Thursday, cooling from the previous session as weak demand in the United States and broad oversupply risks countered concern over attacks in the Middle East and Russia's war in
WTI clears the 200-day MA, Brent stalls under resistance, and Natural Gas slumps as weak LNG demand and rising inventories pressure the oil outlook.
Energy Secretary Chris Wright discusses his outlook for U.S. oil production.
The oil market saw a bit of buying early on Wednesday, but this has been the pattern this week. We have buying early, only to see some pushback, as we have formed a couple of inverted hammers on Monda
Oil demand outlook pressured by surplus fears, even as geopolitical risks lift crude futures near the 200-day moving average.
Gold and crude oil prices extended gains on Wednesday, with copper prices remaining largely unchanged from the previous close.  Silver prices jumped by more than 1% on Wednesday as the metal flirted
Middle East tensions and U.S. tariff threats drive natural gas and oil markets. Traders weigh OPEC+ supply, Fed cuts, and rising U.S. inventories.
Oil prices rose on Wednesday after Israel attacked Hamas leadership in Qatar and U.S. President Donald Trump asked Europe to impose tariffs on buyers of Russian oil, but a weak market outlook capped g
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