IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.

West Texas Intermediate traded below $68 a barrel after jumping 2.2% on Wednesday, with Brent crude closing near $71.

S&P Global Commodity Insights estimates that the average break-even price for US shale producers this year is $45 per barrel ...

President Trump in a social media post on Thursday threatened to impose 200% tariffs on alcohol from the European Union, one day after the EU said it planned to impose a 50% import tax on U.S. whiskey ...

Front Month ICE Brent Crude for May delivery gained $1.39 per barrel, or 2.00% to $70.95 today --Largest one day dollar and percentage gain since Thursday, Feb. 27, 2025 ...

Oil prices slipped on Thursday after surging in the previous session on a larger-than-expected draw in U.S. gasoline stocks, ...

Of the 35 trading days since President Trump's inauguration, Brent has settled lower on 20 and has recorded a lower ...

Oil futures headed lower on Thursday after the International Energy Agency's monthly report underscored worries that rising global trade tensions could undercut energy demand.

US-led supply growth and global demand now expected to rise by just 1.03 million bpd, off last month's forecast by 70,000 bpd ...

The Energy and Petroleum Regulatory Authority (EPRA) in Kenya is preparing to announce new fuel prices on March 14, 2025, ...

Rupee strengthens to 87 against USD on strong data, lower oil prices, and dollar weakness; equities and outflows limit gains.

In the US, nationwide commercial inventories rose for a second week, though the 1.4 million barrel gain was a fraction of the increase predicted by an industry group. Levels at Cushing, Oklahoma — the ...