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Oil prices were lower and the crude market is set to be in surplus by 4Q, which may extend into 2026, Morgan Stanley said.
U.S. and Chinese purchases for strategic oil reserves are expected to offset any potential global surplus, keeping oil prices ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
US stocks end up, with the S&P 500 near its record high, as oil prices slid on Iran-Israel's ceasefire. Fed chair still says ...
1don MSNOpinion
Anybody who’s old enough, or reads a little history, knows that the Arab oil shocks of the 1970s caused a lot of trouble.
Oil supply could possibly reach a surplus if OPEC+ decides to make due on their promise of restoring oil production in October, a new report from the International Energy Agency shows.
The global oil market is set to return to surplus in 2025 despite OPEC+ extending supply cuts. This surplus should see prices trending lower next year. However, there are risks.
The International Energy Agency slashed forecasts for global oil demand this year amid the trade war, and in its first detailed assessment of 2026 predicted a persistent supply surplus.
Oil was stronger, but a global surplus and ample spare capacity will likely put pressure on prices next year despite potential OPEC+ output hike delays and improved compliance levels from member ...
The International Energy Agency once again slashed expectations for a global oil surplus this year amid stronger demand growth in Asia and sanctions on OPEC+ nations.. The agency now sees an ...
Across Latin America, several million tonnes of cooking oil are consumed every year. It is often used to fry food, mostly ...
President Donald Trump on Monday called for the U.S. and other oil-producing economies to pump more oil as crude prices ...
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