World oil demand is forecast to grow by 1.1 million barrels per day this year, down 140,000 bpd from last month's projection.
Citi has forecast that oil prices will average $86 per barrel in the second quarter, slightly higher than current Brent price ...
Crude oil prices are expected to remain volatile over the near-term with a bullish bias due to reduced inventories and ...
Over the past month, oil has gone from a clear sell to what is now approaching an attractive buying opportunity for energy ...
Commodity analysts at Standard Chartered have revealed that hedge ratios for 2024 U.S. oil and gas output remain well below long-term averages ...
WTI crude prices decline as OPEC keeps its demand forecast unchanged, while analysts and traders surveyed by Dow Jones Newswires forecast an 1.1 million barrels reduction in U.S. oil inventories.
RWE , Germany's largest electricity producer, on Wednesday said its first-quarter core profit fell by more than a quarter, ...
Crude oil futures (CL=F, BZ=F) stabilize on a surprise inventory drop. Senior Reporter Ines Ferré joins Catalysts to discuss ...