The IEA raises its projections for oil supply growth in 2025 while trimming demand forecasts, citing weaker fuel consumption ...

The NYMEX September West Texas Intermediate oil contract was 89cts lower at $62.28/bbl and October WTI was down by about the same to $61.59/bbl at about 11:30 a.m. ET. The October Brent crude contract ...

The world faces a record glut of oil next year as a Saudi-led cartel ramps up production – just as global demand slumps.

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

Dow Jones Top Energy Headlines at 11 AM ET: Oil Futures Slip Ahead of U.S. Inventory Data | Vestas ... Oil Futures Slip Ahead of U.S. Inventory Data ...

OPEC report showed that Nigeria retained its position as the largest oil producer in Africa, surpassing Algeria, which ...

Oil prices erased losses on Wednesday after US Treasury Secretary Scott Bessent said sanctions against Russia or secondary ...

The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...

Oil markets were largely unchanged Wednesday as investors weighed the latest U.S. inventory data ahead of a high-stakes ...

Nigeria produced 1.507 million b/d in July, above its 1.5 million b/d OPEC limit. • Output recovery driven by facility restarts and tighter Niger Delta security. • Abuja to seek higher quota at ...

The International Energy Agency says the world is heading straight into a record-breaking oil surplus in 2026, as global demand growth slows down and ...

Dow Jones Top Energy Headlines at 7 AM ET: Oil Inches Lower After IEA Raises Its Supply Forecast | Vestas ... Oil prices edged lower after the IEA raised its global supply forecast, signaling a bigger ...