Oil prices rebound after a 7% drop, with traders eyeing key support at $69.21, but China’s weak demand outlook raises bearish ...

China’s oil demand growth is expected to remain weak in 2025 despite recent stimulus measures from Beijing as the world’s No. 2 economy electrifies its car fleet and grows at a slower pace, the head ...

US President Biden says he knows how and when Israel will carry out its attack on Iran as Tehran warns it will respond ...

Being net importers of petroleum goods, there are a number of African countries that are extremely susceptible to changes in ...

China, which has accounted for more than 60 per cent of global oil demand growth in the last decade when its economy grew at ...

Indonesia's new government aims to revive oil and gas production, with plans to cut regulations, reactivate idle wells and ...

However, crude Oil prices received downward pressure, partly due to slowing economic growth in China. On Friday, China’s Gross Domestic Product (GDP) grew at an annual rate of 4.6% in the third ...

One of the most significant drivers behind the drop in oil prices was renewed concern over China’s slowing economy. China, as the world’s largest importer of crude oil, plays a pivotal role in shaping ...

HOUSTON (Reuters) -Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth ...

The bearishness — which could be derailed should a major escalation disrupt fuel flows — stems from a belief that supplies ...

OPEC has repeatedly revised down its 2024 demand estimates, citing a drop in diesel use and slower-than-expected economic ...

China’s sluggish demand and OPEC’s lowered forecasts drag crude oil prices down. Market outlook remains bearish, with key ...