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…
Permian Basin Economy Slows Under the Shadow of Cheap Venezuelan Oil
The United States is rushing to sell off millions of barrels of Venezuelan oil after the Trump administration…
Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran
Oil prices fell 3% on Thursday after comments from U.S. President Donald Trump calmed fears that an American…
Goldman Sachs Says WTI Could Drop to $50
West Texas Intermediate could drop all the way to $50 per barrel towards the end of this year,…
Iran’s Oil Output Faces a New Test After Venezuela
In recent months, Iran has produced record levels of oil, even in the face of United States sanctions…
Oil Prices Slip as Markets Eye the Return of Venezuelan Crude
Oil prices edged lower in early Asian trading on Tuesday as markets weighed the possibility of higher Venezuelan…
Geopolitical Risk Keeps Oil Prices Elevated
Oil prices remained elevated in early Asian trade on Tuesday as investors priced in growing geopolitical risk, especially…
Oil Prices Rise as OPEC+ Holds Firm on Output Through Q1 2026
Oil prices rebounded in early Asian trade on Monday following the latest OPEC+ meeting, as traders responded to…
OPEC+ Holds Output Steady, Approves New Capacity Framework Through 2026
OPEC and its allies agreed on Sunday to keep oil output levels unchanged through the end of 2026,…
Oil Prices Slip on Peace Deal Progress
Oil prices slipped in early Asian trade on Thursday as markets digested renewed hope for a Russia-Ukraine peace…
Oil Prices Inch Higher After Hitting One-Month Lows
Oil prices recovered slightly in early Asian trading on Wednesday after falling to one-month lows in Tuesday’s session.…
Oil Prices on Edge as Russia-Ukraine Peace Talks Progress
Oil markets remained on edge early on Monday in early Asian trade, with all eyes on reports of…