The world oil market will face a significant surplus in Q1, and excess supply has offset geopolitical risks of disruption so ...

Oil futures settled lower in a rangebound session, supported in part by the loss of some U.S. production to winter storm Fern and gains in diesel prices as heating fuel demand rose.

An improved economic outlook and lower crude prices drove the decision, but the agency warned that supply is still expected ...

Jan 12 (Reuters) - Oil prices are likely to drift lower this year as a wave of supply creates a market surplus, although geopolitical risks tied to Russia, Venezuela and Iran will continue to drive ...

Oil price volatility in 2026 is our base case, and it appears less an aberration than a consequence of two forces that coexist uncomfortably. Read more here.

The International Energy Agency has raised its 2026 global oil demand growth forecast to 930,000 barrels per day, citing ...

The global oil balance continues to point to a substantial supply overhang, with rising observed stocks that would normally signal sharper declines in oil prices. Yet benchmark crude prices have ...

By Robert Harvey LONDON, Jan 21 (Reuters) - The global oil market will be in deep surplus in the first quarter of 2026, the ...

Oil futures handed back the previous session's gains as market concerns about oversupply outweighed geopolitical factors, including the U.S. seizure of a sanctioned oil tanker off Venezuela. U.S.

Oil prices dropped sharply yesterday as the Organisation of the Petroleum Exporting Countries (OPEC) estimated that global crude supplies could continue to exceed demand. Meanwhile, the American ...

NEW YORK, Dec 17 (Reuters) - Oil prices rallied by more than 1% on ‌Wednesday after U.S. President Donald Trump ordered a blockade ‌of all oil tankers under sanctions entering and leaving Venezuela, ...

February WTI crude oil (CLG26) today is down -0.61 (-1.06%), and February RBOB gasoline (RBG26) is down -0.0253 (-1.48%). Crude oil and gasoline prices tumbled to 2-week lows today on expectations for ...