Oil Dips on Oversupply Concerns, Heads for Weekly Loss
The International Energy Agency forecast global oil supply will exceed demand in 2025 even if cuts remain in place from OPEC+ ...
Punchng on MSN1h
Nigeria’s petrol imports surged in October – OPEC
The volume of Premium Motor Spirit (petrol) imported into Nigeria surged in October, a report by the Organisation of the ...
Global Witness2h
Fossil fuel lobbyists eclipse delegations from most climate-vulnerable nations at COP29 climate talks
As with last year’s COP28 climate talks in Dubai, significantly more fossil lobbyists have been granted access to COP29 than ...
caspiannews2h
President Aliyev Rejects ‘Petrostate’ Criticism at COP29, Highlights Azerbaijan’s Broader Economic Indicators
During the World Leaders Climate Action Summit, the central event of COP29 held under the UN Framework Convention on Climate ...
Oil settles higher, investors focus on fuel-stock draw
Oil prices closed slightly higher in choppy trading on Thursday, as a steep draw in US fuel stocks outweighed oversupply concerns and demand worries stemming from a stronger dollar.
EIA raises US, global oil production forecasts
Both United States and global oil production are set to rise to slightly larger record highs this year than prior forecasts, ...
Marketplace3h
International Energy Agency predicts an oil surplus next year
A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...
Oil prices end higher to pare some of the week's losses
Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
Oneindia (Video) on MSN10h
MBS Called Putin To Stop War? Saudi Crown Prince Pleads To Russia | Key Details of Secret Call
Putin and Saudi Crown Prince MBS held a phone discussion on the Palestinian-Israeli conflict and oil markets amid Trump's US ...
Transport Topics12h
Global Oil Market Faces a Million-Barrel Glut Next Year
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, the ...
Seeking Alpha13h
DHT Holdings: VLCC-Only Play At A Reasonable Discount
Rising crude oil imports will signal that the measures are working. This would be good news for tanker owners. OPEC extended ...