BEIJING: Oil prices edged up on Wednesday on signs of near-term supply tightness but remained near their lowest in two weeks a day after OPEC downgraded its forecast for global oil demand growth in ...

OPEC lower demand forecast, China concerns weigh Iran ready for possible oil export curbs after Trump win API weekly US stockpile report due at 2130 GMT Nov 13 (Reuters) - Oil prices slipped on ...

(Bloomberg) -- Oil held near November lows, settling near $68 a barrel, as increasingly bearish fundamentals capped the session’s gain. In the physical market, a key supply gauge suggests a glut ...

What is the price of crude oil today ... that can change the market’s supply and demand balance. The weather in the U.S. market can drastically alter near-term demand for heating oil and ...

Shutdowns in the Gulf of Mexico affected over 22% of U.S. oil output, raising concerns of supply shortfalls ... For traders, the near-term outlook leans bearish, but any breakthrough in support ...

While Trump's pledges to loosen energy regulations in the US are seen as a boost to the industry, it could increase oil supplies — a negative for prices. For consumers, lower energy prices ...

The reason: demand for oil is plummeting faster than supply in a shrinking global economy. Investopedia / Sabrina Jiang The latest turmoil marks another dramatic chapter in the history of oil ...

By Phil Flynn - Sep 11, 2024 4 The historic discontent from the price of oil and the supply and demand fundamentals is either signaling that the global economy is going into a deep recession or ...