Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

OPEC lowered its forecast for global oil demand growth for 2024 and 2025 on Tuesday, highlighting weakness in China, India and other regions, making the producer group’s fourth consecutive downward ...

The International Energy Agency forecast global oil supply will exceed demand in 2025 even if cuts remain in place from OPEC+ ...

ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.

Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...

A Bank of England rate-setter has warned that Donald Trump’s trade war could hit growth and push up consumer prices in the UK ...

Norway’s $36bn domestic wealth fund has been opportunistic in buying up shares in John Fredriksen’s Frontline and Andreas ...

Fearnleys also noted weak oil prices — with Brent crude priced at $72.33 per barrel on Thursday and West Texas Intermediate ...

WASHINGTON/CARACAS (Reuters) - President-elect Donald Trump's pick of U.S. Senator Marco Rubio for secretary of state could ...

London’s main stock index slid to its lowest closing price for three months this afternoon amid a global sell-off. Top mining ...

On Tuesday, the Organization of the Petroleum Exporting Countries cut its global oil demand growth forecast to 1.82 million bpd in 2024, down from 1.93 million bpd forecast last month, on weak demand ...