EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

Brent Crude is a major benchmark commodity used to price two-thirds of the world's crude oil supplies. It is extracted from the North Sea and consists of a blend of crude oil grades from several ...

The U.S. Energy Information Administration revealed its latest Brent spot price forecasts for 2025 and 2026 in its February short term energy outlook. In its February short term energy outlook ...

The question naturally is whether the dip in oil prices is only a blip or an augury for a persisting downtrend. Global oil ...

Russia and Saudi Arabia recently announced that oil supply cuts will be extended until the end of 2023. The two countries will cut supply by 300,000 and 1 million barrels per day, ...

In its latest short term energy outlook, which was released on Tuesday, the U.S. Energy Information Administration (EIA) forecast that the Brent spot price will average $74.50 per barrel this year ...

Brent crude and WTI are both up 0.4% to $75.07 and $71.02 a barrel, respectively. “The spread between spot and one-month futures for WTI were trading at $0.01/bbl, down from $1.52/bbl about a month ...

Shares of Indian oil marketing companies surged as Brent crude prices fell below $70 per barrel, their lowest in three years.

Crude oil prices surged in futures trade on Friday, fueled by increased demand. WTI and Brent crude also saw gains in global ...

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