The International Energy Agency has raised its 2026 global oil demand growth forecast to 930,000 barrels per day, citing ...
Oil Price US on MSN
Low Prices, Strong Demand, and the Cracks in the Oil Glut Story
Oil glut fears are easing as demand surprises to the upside, with the International Energy Agency revising forecasts after ...
Oil and gas prices stabilize as geopolitical tensions shape supply risks, with WTI near $60 and natural gas consolidating after a sharp breakout above $4.80.
EIA forecasts U.S. oil production to stay near 13.6M b/d in 2026, then fall 2% in 2027 as Permian growth stalls and WTI ...
I see three bold oil market predictions shaping 2026: a spending shock from Saudi Arabia, a sharp divergence between winners and laggards in listed oil stocks, and a structural reset of global supply ...
An improved economic outlook and lower crude prices drove the decision, but the agency warned that supply is still expected ...
By Robert Harvey LONDON, Jan 21 (Reuters) - The global oil market will be in deep surplus in the first quarter of 2026, the International Energy Agency said on Wednesday, as so far excess supplies ...
Speculators are caught short as the ‘glut’ quietly drains away. With Venezuela drawing floating barrels, the risk of an Iranian attack rising, a polar vortex hitting US supply and China and India ...
Nigeria’s crude production declined marginally to 1.422m bpd in December, but Wood Mackenzie forecasts over 2 million barrels ...
Global oil glut predictions are seriously exaggerated as demand growth remains strong and global oil stocks are depleted, Amin Nasser, chief executive of Aramco , the world's biggest oil producer, ...
16don MSN
Trump’s new prediction for ‘massive wealth’ from Venezuelan oil may take a while to play out
President Donald Trump called on major U.S. energy companies, traders, refiners and others who met at the White House Friday to be part of his nation-building ambitions for Venezuela, with the future ...
Oil prices will fall below $50 a barrel before recovering. Lower oil prices will fuel a consolidation wave in the sector. Oil companies will turn to gas-fueled growth drivers like gas-fired power ...
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