Meanwhile, gasoline stocks fell by 4.4 million barrels last week to the lowest since November 2022, the EIA said, compared with analysts' expectations in a Reuters poll for a 600,000-barrel build.

S&P/ASX 200 Index (ASX: XJO) energy stocks are having a rough year in 2024. Here are three key risks to look out for in 2025.

Oil falls in Asian trading amid a softer outlook. The International Energy Agency slightly trimmed next year’s oil-demand growth estimates, citing the impact of China’s economic slowdown on ...

Oil headed for a weekly drop, weighed down by concerns the global market will flip to a glut and the impact of stronger US ...

Stay updated with the latest petrol and diesel prices in Mumbai, other cities for November 15, 2024. Discover the current ...

UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world's largest crude importer.

Both United States and global oil production are set to rise to slightly larger record highs this year than prior forecasts, ...

A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...

Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...

That tension between growing energy demand and environmental concerns was on display at Tulane's inaugural event, which drew ...

Declines in U.S. refinery capacity are expected to slow the decrease in refining margins. Refinery margins or crack spreads, ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...