The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...
WTI crude oil (CLH25) on Friday closed down -0.55 (-0.77%), and March RBOB gasoline (RBH25) closed down -0.0208 (-0.99%). Crude oil prices traded lower on Friday on continued concern about US ...
THE Organisation of Petroleum Exporting Countries (OPEC), said Nigeria’s average daily crude oil production has increased significantly to 1.539 million Barrels Per Day (bpd) in January.According to ...
"Fresh U.S. sanctions on Russia and Iran roiled markets at the start of the year but they have yet to materially impact global oil supply," the IEA said. "Iranian crude oil exports are only marginally ...
Stamatis Tsantanis says demand for crude is declining and Iranian supplies can easily be made up for from elsewhere ...
If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...
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Italy's Enel cut its renewable energy ambitions by around ... The International Energy Agency, which advises developed ...
The U.S. aims to impose 'maximum pressure' on Iran to reduce its oil exports to zero. Historically, Iran was a key oil producer, but U.S. sanctions have fluctuated its output. The latest rise in ...
U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.