World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said ...

IEA Lifts Global Oil Supply Forecast, Signaling Bigger Surplus Ahead Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than three ...

The U.S Energy Information Administration (EIA) on Tuesday predicted that Brent crude spot prices could average below $60 per barrel in the fourth quarter, a level not seen since 2020. A statement by ...

LONDON: Oil prices fell on Wednesday after the IEA noted supply overtaking demand this year, while investors awaited Friday’s ...

Oil prices fell today, Aug. 12, following a report from the Energy Information Administration predicting a decline in prices ...

Global crude oil tracked by Brent futures has fallen sharply, losing over 7% in August and extending its year-to-date decline ...

ADNOC Gas reported $1.39 billion in net income for Q2, rising 16 percent compared to the same three-month period last year ...

SINGAPORE: Oil prices were little changed on Wednesday as investors awaited U.S. inventory data, while eyeing an upcoming ...

The Energy Information Administration or EIA expects global oil inventory builds will average more than 2 million barrels per day (b/d) in 4Q25 and 1Q26, which is 0.8 million ...

Healthy food production and ample foods stocks are aiding softer prices. Core inflation, too, lent support, sharply falling to 3.9 per cent from 4.4 per cent ...

WTI hovers near $63, Brent at $66, and natural gas tests $2.82. Technical setups point to critical breakout or breakdown ...

The US Energy Information Administration (EIA) expects oil prices to fall in the coming period as global supply grows at a ...