Crude oil futures turned lower Thursday to their weakest levels in two weeks after President Trump called for Saudi Arabia and OPEC to lower oil prices, implying a need to raise output. Trump told ...
China's crude oil imports will likely rise only 1% this year, and the country's reliance on oil imports is projected to ...
U.S. crude oil lost $1.99, or 2.56%, to close at $76.89 per barrel, while global benchmark Brent fell 86 cents, or 1.07%, to ...
China's oil production is expected to remain flat in 2025, while India's oil demand growth outpaces China's amidst a shift in global energy consumption patterns.
The crude oil markets continue to be noisy, but at this point in time, the market also had to deal with the idea of there ...
Oil markets sank on Friday, a day after U.S. President Donald Trump pressured OPEC and its de facto leader Saudi Arabia to ...
Workers perform their tasks at an oil platform in Daqing Oilfield in Daqing, northeast China's Heilongjiang Province, Nov. 25 ...
The global oil market in 2024 was characterized by a mix of volatility and resilience, with prices and demand dynamics ...
Money managers have increased their net long position in oil futures, signaling a more positive outlook on the 2025 oil market.
In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...
Key support... Crude Oil: Brent Taps 200-Day MA - Can it Snap 4-Day Losing Streak? By Zain Vawda - Jan 22, 2025 1 Oil prices are sliding due to a stronger US Dollar and concerns about the impact ...
Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...