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 ...

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, ...

Nigeria has cranked up its oil production to a respectable 1.8 million barrels per day, and now claims it could hit 2 million bpd of production by year's end ...

The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...