The US EIA, in its May Short-Term Energy Outlook, sees Brent crude prices sliding through 2025 and 2026 as global oil production outpaces demand growth. Brent averaged $68 per ...

Crude futures extend gains in afternoon trade, lifted by optimism surrounding global trade negotiations. Brent crude is up 1.6% to $62.11 a barrel, while WTI rises 1.9% to $59.18 a barrel. Market ...

Oil prices rose over 1% on Thursday, buoyed by hopes of a breakthrough in looming trade talks between the United States and ...

Oil prices may have no relief from further downside in the second half of 2025 with increased supply from the OPEC+ flooding ...

African countries with lowest fuel prices as global oil prices remain near multi-year lows, pressured by ongoing uncertainty ...

KUWAIT, May 8 (KUNA) -- Kuwait crude oil rose USD 1.97 during Wednesday's trading to reach USD 64.05 per barrel compared with ...

Oil demand hopes rise on trade talks, but crude prices face resistance from rising OPEC production and Fed-driven dollar ...

It was a sea of red across commodities as US rates were left on hold, which overcame trade talk enthusiasm. China expanded ...

Can Brent maintain $60.84 support amid weak global demand and rising supply pressures? Key technical levels and market ...

Citi Research lowered its three-month price forecast for Brent crude to $55 per barrel on Thursday, from a previous estimate ...

The average price of ICE Brent crude oil in Q1/ 2025 was $74.97/BBL, slightly higher than $74.01/BBL in the fourth quarter of ...

Oil prices fell by more than US$1 a barrel on Wednesday as investors doubted that upcoming US-China trade talks will result ...