The International Energy Agency has forecast a surplus of more than 1 million barrels per day in 2025 on robust production in the U.S. A strong dollar also hangs over the market, as the greenback has ...

The IEA’s forecast comes after the OPEC cut its annual demand outlook earlier this week.

Friday closed down -1.68 (-2.45%), and December RBOB gasoline (RBZ24) closed down -0.0324 (-1.63%). Crude oil and gasoline ...

Oil prices rose about 1% on Thursday, paring some of the sharp declines seen earlier this week due to a stronger US dollar ...

China's oil refiners in October processed 4.6% less crude than a year earlier, falling year-on-year for a seventh month, amid the closures of some plants and reduced operating rates at smaller ...

This data followed Fed Chair Jerome Powell warning on Thursday that strength in the U.S. economy will allow the Fed to take ...

Oil is set to post a loss for the week after a strong dollar and concerns about demand growth in 2025 continue to provide ...

Oil prices were headed for a weekly loss on Friday as concerns over weakening demand from China weighed on prices.

U.S. crude oil prices edged higher Thursday but ended the day below $69 per barrel, driven by expectations of a large global ...

The International Energy Agency forecast global oil supply will exceed demand in 2025 even if cuts remain in place from OPEC+ ...

A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...