StanChart: Oil Market Rebalances as Oversupply Fears Fade Into 2026
The oil price rally has finally run out of steam, with oil prices declining for the first time…
IEA Raises Forecast of Global Oil Demand Growth in 2026
The world’s oil demand growth is set to rise by 930,000 barrels per day (bpd) in 2026, thanks…
Oil’s Problem Isn’t Iran or Russia — It’s Too Much Oil
Crude oil prices are in retreat after rising on the possibility of U.S. strikes on Iran. Before the…
Iran Turmoil Resurrects Specter of Critical Oil Lane Disruption
Oil prices haven’t had a breather since the year started as one geopolitical crisis has moved to another.…
Oil Chiefs See $60 Oil as Breaking Point for Shale Growth
Top executives from supermajors, the U.S. shale patch, and national oil companies remain bullish about the oil market…
Oil Drops Below $60 on Gaza Ceasefire
WTI crude fell below $60 per barrel as easing Middle East tensions and weak China–U.S. sentiment erased much…
Crude Oil Futures Rise on Supply Data and OPEC+ Outlook
Oil prices rose early on Wednesday after an industry report showed on Tuesday that the crude stocks at…
OPEC+ Nears Its Limit, Leaving Prices One Crisis Away from a Spike
The OPEC+ group continues to return modest volumes of supply to the market, cautious not to sink oil…
Crude Oil Plummets to Lowest Since June
Crude oil benchmarks were trading even lower midday Wednesday, at prices lower than they’ve dipped for several months,…
UBS Sees Brent Oil Prices Staying in the High $60s in Tight Market
Brent Crude oil prices are set to stay in the near term at the upper end of the…
Crude, Gasoline Draw Props up Oil Prices
By Tom Kool – Jul 23, 2025, 10:04 AM CDT U.S. crude oil inventories fell by 3.169 million…