Oil prices fell after the U.S. announced plans to import Venezuelan crude, increasing oversupply concerns, while mixed ...
Oil prices fell nearly 20% in 2025, marking Brent’s third straight annual loss, as oversupply fears driven by rising OPEC+ ...
February WTI crude oil (CLG26) on Wednesday closed down -1.14 (-2.00%), and February RBOB gasoline (RBG26) closed down -0.061 ...
The U.S. Energy Information Administration has revealed that global oil supplies exceeded demand in 2025, leading to a sharp ...
Kolibri Global Energy Inc. faces heightened downside risk due to falling oil prices and a 28% share price decline. See why I ...
U.S. oil major Exxon Mobil said on Wednesday that lower crude oil prices could cut its fourth-quarter upstream earnings by ...
President Donald Trump’s announcement of a U.S.-China trade truce may have overshadowed a new report that has helped raise the alarm about a potential record-high global surplus of crude oil next year ...
The Trump administration yesterday announced new sanctions on Russian oil companies. That caused a jump in global oil prices today of somewhere around 5%. Still, the price of oil is down significantly ...
Previously, we reported that the national average price of gasoline in the United States has dropped below $3 a gallon for the first time in years, in large part due to OPEC+ returning more barrels to ...
World Bank and IEA forecast a record-high oil supply surplus of 4 million barrels per day for 2026 Global oil markets could face a supply surplus of roughly 4 million barrels per day in 2026, ...