The energy transition continued apace in 2023 despite ongoing geopolitical tensions, disruptions to supply chains and inflationary pressures – all of which translated into high energy prices around ...
Global oil futures suffered heavy declines on Tuesday following a series of bearish market developments and a renewed focus ...
Oil prices fell dramatically on Tuesday morning as fears of Israel striking Iranian oil infrastructure faded and demand weakness came back into focus.
Oil futures dropped by about 5% on Tuesday, with U.S. and global benchmark prices trading at their lowest in two weeks after a report that Israel will not attack key oil facilities in Iran. -- West ...
KEY TAKEAWAYS Crude oil prices slumped Tuesday as the International Energy Agency (IEA) cut its projection for oil demand ...
The oil market remains adequately supplied against a backdrop of heightened Middle East tensions, the International Energy ...
Oil prices tumbled more than 4 per cent to a near two-week low on Tuesday due to a weaker demand outlook and after a media ...
The global oil market is likely to experience a significant surplus in the new year, the International Energy Agency (IEA) ...
This marks a sharp slowdown from the roughly 2 million barrels-a-day growth seen over the 2022-2023 post-pandemic period, with total demand now expected at an average of 102.8 million and 103.8 ...
The energy sector declined sharply due to concerns over slowing global growth and potential oversupply from OPEC’s spare ...
Oil prices have fallen by more than 5% in the past two days, on the back of a weaker demand outlook and the new reports about ...
Lower crude oil imports from China and a downward revision in global demand growth estimates from OPEC weigh on sentiment ...