Crude oil futures slipped closer to the $60 mark Wednesday as the International Energy Agency issued a bearish view on global supply and demand, saying the market looks "bloated." The IEA's August oil ...

Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures ...

Healthy food production and ample foods stocks are aiding softer prices. Core inflation, too, lent support, sharply falling to 3.9 per cent from 4.4 per cent ...

Crude futures posted back-to-back losses after the IEA boosted its supply-growth estimates and cut its demand growth forecasts for this year and next.

The NYMEX September West Texas Intermediate oil contract was 89cts lower at $62.28/bbl and October WTI was down by about the same to $61.59/bbl at about 11:30 a.m. ET. The October Brent crude contract ...

Crude oil inventories in the United States increased by 3.0 million barrels during the week ending August 8, after dropping ...

The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said ...

IEA Lifts Global Oil Supply Forecast, Signaling Bigger Surplus Ahead Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than three ...

The EIA forecasts in its August Short-Term Energy Outlook (STEO) that the Brent crude oil spot price will average less than ...

ADNOC Gas reported $1.39 billion in net income for Q2, rising 16 percent compared to the same three-month period last year ...

Oil prices dipped on Tuesday as traders awaited an inventory report from the U.S. Energy Information Administration and began ...