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, ...
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Finland shares higher at close of trade; OMX Helsinki 25 up 0.91%
Finland equities were higher at the close on Thursday, as gains in the Helsinki Utilities, Helsinki Oil & Gas and Helsinki ...
Finland stocks higher at close of trade; OMX Helsinki 25 up 0.91%
Finland stocks were higher after the close on Thursday, as gains in the Utilities, Oil & Gas and Basic Materials sectors led ...
U.S. Crude Oil Stockpiles Rise More Than Expected
U.S. crude oil inventories rose 2.1 million barrels to 429.7 million barrels, surpassing analyst expectations for an increase ...
Nigeria lifts oil production to 1.8 mln barrels per day
Nigeria's state oil firm NNPC said on Thursday it had increased oil production to 1.8 million barrels per day (bpd), with the possibility of getting to two million bpd by year-end.
U.S. crude oil rises, trades around $69 per barrel
UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world’s largest ...
World faces oil surplus in 2025 on weak demand, IEA says
Global oil supply will exceed demand in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said ...
Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
Biden makes final purchase for Strategic Petroleum Reserve
The Biden administration has made its final purchase of oil for the Strategic Petroleum Reserve as the White House attempts to replenish the facility’s supply after selling a record amount ...