Recent changess in global trade policy and oil production may result in lower global demand growth for petroleum products through 2026, according to the U.S. Energy Information Administration (EIA).

If so it will be the lowest price level for Russian Urals oil since March 2023, according to Reuters data and calculations. At the same time lower prices for Russian oil will help its oil sellers ...

Oil prices have sold off heavily as the market deals with a potential demand hit from tariffs and a surprise supply increase from OPEC+. Stronger supply and demand uncertainty has led us to lower our ...

The Iraqi Oil Ministry is calling for an urgent meeting to discuss the long-awaited and delayed resumption of oil exports from the semi-autonomous region of Kurdistan, state media reported on Friday.