U.S. oil production will peak at 14 million barrels per day (bpd) in 2027 and maintain that level through the end of the decade, before rapidly declining, the U.S. Energy Information Administration (E
- Brent seen at $66 next year as US shale set to pull back and OPEC+ faces tough choices JP Morgan has cut its oil price forecasts sharply, warning that a mix of aggressive trade policy and shifting s
The crude oil market continues to see a lot of noisy trading, as the market continues to see a lot of traders trying to form a bottom in this market that has been slammed as of late.
A dispute between state-run oil company Petrobras and steelmaker Gerdau will delay the first dismantling of an oil production vessel in Brazil by at least a year, people familiar with the matter said,
The International Energy Agency on Tuesday cut its projection for oil demand growth this year and the next, blaming the toll on the global economy from President Donald Trump's tariffs.
HSBC revised down its Brent crude oil price forecasts for 2025 and 2026, following the announcement of tariffs by U.S. President Donald Trump and the decision by OPEC+ to increase production, the bank
Indonesia will propose increasing its imports of crude oil and liquefied petroleum gas from the United States by around $10 billion as part of its tariff negotiations, energy minister Bahlil Lahadalia
Crude oil futures trade flat near key support and resistance levels. Demand fears, trade policy, and China imports create a volatile oil setup.
Pakistan is considering importing crude oil from the United States for the first time to offset a trade imbalance that triggered higher U.S. tariffs, according to a government source directly involved
The International Energy Agency (IEA) on Tuesday sharply cut its forecast for the growth in global oil demand this year due to escalating trade tensions, a day after a similar move by producer group O
Oil demand growth is forecast to be weaker than previously projected as escalating global trade tensions sparked by U.S. President Trump's tariffs weigh on the global economy, the International Energy
WTI and Brent face resistance near $62 and $66; natural gas bears target $3.23. EMAs and trade policy shifts keep energy prices under pressure.
The European Commission will announce a more detailed strategy to phase out Russian oil and gas imports next month, it said on Monday, after twice delaying the plan.
Futures traders are navigating a minefield as new tariffs send shockwaves across equities, commodities and Treasuries.
OPEC sees President Donald Trump's tariffs weighing on crude oil demand and global economic growth. Key members of OPEC+ will accelerate oil production even as demand and economic growth soften.
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